76 government-owned homes and lots in Virginia, from $22,800: 9 from the Chesapeake Land Bank plus 67 HUD and Fannie Mae homes, updated daily on LandBankSearch.
Virginia has a handful of land banks, authorized only since 2016 (Va. Code 15.2-7500). Chesapeake runs the one with a parcel list we can track; Richmond's land bank (run by the Maggie Walker Community Land Trust) and Danville's Neighborhood Development Corporation work smaller pipelines. Most tax-delinquent Virginia property is sold at court-ordered tax sales instead, and HUD and Fannie Mae list homes statewide. Our How to buy land bank property in Virginia covers each route.
Inventory updated July 2, 2026
Of the 86 priced Virginia government-owned listings, here’s how many fall in each budget. Most are vacant lots or homes that need renovation, and prices refresh daily.
Counts are live listings we track. Browse the national land bank directory.
Land banks are one way government-owned property reaches buyers. In Virginia, most of it comes through two others: foreclosed homes resold by HUD and Fannie Mae, and the county tax sale.
45 homes in Virginia from $85,500. HUD's foreclosed FHA homes, sold by online bid with an owner-occupant priority period.
See them on the Virginia map →22 homes in Virginia from $50,000. Fannie Mae's foreclosed homes, listed through local agents; some allow owner-occupant-only bidding first.
All HomePath listings nationwide →Virginia localities sell tax-delinquent property through the courts (Va. Code 58.1-3965). Once taxes are delinquent long enough, the court orders a public auction run by a special commissioner or an auction firm, many of them online now. The winning bidder gets a deed after the court confirms the sale, which is also when the owner's right to redeem ends. Opening bids start at the taxes and costs owed.
Land bank purchases are application-based, not offer-based: pick a property from the official list, read that land bank’s program rules (owner-occupant priority, investor policies, renovation requirements), and apply with proof of funds. Title is typically cleared before resale. The process runs weeks to a few months — paperwork, not bidding wars. Our step-by-step buying guide covers every stage.
Every Virginia land bank sets its own eligibility, application, and post-purchase rules. Here are the ones we’ve read from each official program page — always confirm the current terms with the land bank before you apply.
Summarized from the official program page ↗ · verified July 2026 · always confirm current rules before applying
For state specifics — programs, pricing, and which land banks matter — read How to buy land bank property in Virginia →
Virginia has a handful of land banks, authorized only since 2016 (Va. Code 15.2-7500). Chesapeake runs the one with a parcel list we can track; Richmond's land bank (run by the Maggie Walker Community Land Trust) and Danville's Neighborhood Development Corporation work smaller pipelines. Most tax-delinquent Virginia property is sold at court-ordered tax sales instead, and HUD and Fannie Mae list homes statewide.
76 government-owned properties are listed in Virginia right now: 9 from the Chesapeake Land Bank plus 67 HUD and Fannie Mae HomePath homes, with asking prices from $22,800. Inventory changes monthly; this page refreshes from official sources nightly.
Each Virginia land bank runs its own process, but most purchases start with an application to the land bank rather than an offer through an agent: pick a property from its list, show proof of funds (and usually a renovation plan for structures), and close directly with the land bank. Many prioritize owner-occupants.
Land banks aren't brokers and don't list on the MLS, which is where Zillow and Redfin get their data. Each land bank publishes inventory on its own website — LandBankSearch aggregates those official lists into one searchable map.