Commercial Real Estate Market in Piney River, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Piney River, VA spans 3.6 square miles in Nelson County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Piney River, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Piney River, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Piney River, 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 Piney River, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Piney River, VA has 193 residents in 106 households. Density runs 54 people per square mile. Median household income here is $118,125.
193
Population
106
Households
1.8
Avg Household Size
49
Median Age
31%
College-Educated
100%
High-School Grad
3.6 sq mi
ZIP Area
54
Density / Sq Mi
$118,125
Median Household Income
$0
Median Earnings
$0
Median Rent
$401,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Massies Mill | — | — |
| Roseland | — | — |
| Lowesville | — | — |
| Arrington | — | — |
Methodology & data sources
- 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.
- 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
