Commercial Real Estate Market in Irvington, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 58 off-market properties in Irvington, VA.
Market Trends
Irvington, VA spans 2.5 square miles in Lancaster County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Irvington, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Irvington, VA asks $84/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Irvington, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Irvington, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 93.1%
- Commercial 6.9%
Largest Zones share of zoned land by district
Residential
Residential
Business
Limited Industrial
Irvington, VA zones 967 acres across 4 districts. Commercial zoning covers 6.9% of zoned land, industrial 93.1%. The largest single district is Residential at 58%. For commercial buyers the practical constraint is that only 100% of land carries a commercial or industrial designation.
Residential (R-1)
The intent is to stabilize and protect the low to medium-density residential in this districts, promoting a suitable environment for family life by regulating residential and compatible uses and limiting the encroachment of commercial and industrial uses
Market overview
Demographics & Economy
Irvington, VA has 850 residents in 684 households. Density runs 344 people per square mile. Median household income here is $86,563 and median gross rent $1,054 a month.
850
Population
684
Households
1.2
Avg Household Size
72
Median Age
72%
College-Educated
98%
High-School Grad
2.5 sq mi
ZIP Area
344
Density / Sq Mi
$86,563
Median Household Income
$76,875
Median Earnings
$1,054
Median Rent
$382,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| White Stone | — | — |
| Weems | — | — |
| Millenbeck | — | — |
| Kilmarnock | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Irvington?
Irvington, VA zones 967 acres across 4 districts, of which 6.9% is commercial and 93.1% industrial. The largest single district is Residential at 58% of zoned land. The intent is to stabilize and protect the low to medium-density residential in this districts, promoting a suitable environment for family life by regulating residential and compatible uses and limiting the encroachment of commercial and industrial uses Residential zoning covers 0% and open space 0%.
Where does Realmo's Irvington market data come from?
Realmo compiles Irvington, VA figures from 2 recent recorded sales, 19 active sale listings, 58 tracked off-market properties, the current Irvington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 0 active for-lease listings in Irvington, VA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 967 zoned acres across 4 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
