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Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
7,125
Sold (12M)
7,916
Median Price
$85K
Market Condition
Strong Buyer's Market

Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

12.2 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$85K
Avg Price/Acre
$24K
Avg Days on Market
112
Months of Supply
12.2
YoY Price Change
+20.4%
New Listings (3M)
2,527

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1074941,1962,416
1-2 acres382355231,083
2-5 acres782495711,243
5-10 acres68235474930
10-20 acres56191384753
20-50 acres47178377739
50-100 acres2589158362
100+ acres1255121263
TOTAL4311,7263,8047,789
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres2416 sold / 2230 listed
1-2 acres1083 sold / 1084 listed
2-5 acres1243 sold / 1254 listed
5-10 acres930 sold / 830 listed
10-20 acres753 sold / 543 listed
20-50 acres739 sold / 545 listed
50-100 acres362 sold / 241 listed
100+ acres263 sold / 239 listed

Median Price by Acreage

$0$300K$600K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$1862.0M
Last 12 months
Active Listings
7,125
Current inventory
Avg Days on Market
112
Time to sell
Price Trend (YoY)
+20.4%
Year over year

Virginia Land Market Analysis

How much is land worth in Virginia?

The median price for land in Virginia is currently $24K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $490K.

Is now a good time to buy land in Virginia?

Virginia is currently a strong buyer's market with 12.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 20.4% year-over-year.

What is the months of supply for land in Virginia?

Virginia currently has 12.2 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the average farm rent in Virginia?

Average cropland rent in Virginia is $69/acre/year. Pasture land rents for approximately $25/acre/year.

How long does it take to sell land in Virginia?

Land in Virginia typically sells within 112 days of listing. The median time on market is 47 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the average price per acre in Virginia?

Land in Virginia averages $11.5M per acre. The median price per acre is $24K, which may be more representative of typical transactions. Most parcels sold are around 2.5 acres.

What is the absorption rate for land in Virginia?

The 3-month absorption rate in Virginia is 8.2%. The 12-month rate is 9.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

Explore More Land Market Statistics

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Cities in Virginia