Commercial Real Estate Market in Ridgeway, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 201 off-market properties in Ridgeway, VA.
Market Trends
Ridgeway, VA spans 70.9 square miles in Henry County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Ridgeway, VA asks $82/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Ridgeway, VA asks $165/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 Ridgeway, 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 Ridgeway, 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
Ridgeway, VA has 7,633 residents in 3,876 households. Density runs 108 people per square mile. Median household income here is $54,155 and median gross rent $770 a month.
7,633
Population
3,876
Households
2
Avg Household Size
47
Median Age
16%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
108
Density / Sq Mi
$54,155
Median Household Income
$36,671
Median Earnings
$770
Median Rent
$131,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Matrimony | — | — |
| Price | — | — |
| Eden | — | — |
| Martinsville | — | — |
Frequently Asked Questions
Where does Realmo's Ridgeway market data come from?
Realmo compiles Ridgeway, VA figures from 6 recent recorded sales, 14 active sale listings, 201 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Ridgeway, 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.
- 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
