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Albemarle County, Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
113
Sold (12M)
134
Median Price
$307K
Market Condition
Buyer's Market

Albemarle County, Virginia Market Meter

Buyer'sSeller's
Buyer's Market

10.6 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$307K
Avg Price/Acre
$28K
Avg Days on Market
269
Months of Supply
10.6
YoY Price Change
+159.9%
New Listings (3M)
97

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-3617
1-2 acres-135
2-5 acres151129
5-10 acres351120
10-20 acres14610
20-50 acres571527
50-100 acres35611
100+ acres22515
TOTAL153263134
📊 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 acres17 sold / 17 listed
1-2 acres5 sold / 3 listed
2-5 acres29 sold / 29 listed
5-10 acres20 sold / 10 listed
10-20 acres10 sold / 8 listed
20-50 acres27 sold / 26 listed
50-100 acres11 sold / 7 listed
100+ acres15 sold / 12 listed

Median Price by Acreage

$0$401K$802K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$55.7M
Last 12 months
Active Listings
113
Current inventory
Avg Days on Market
269
Time to sell
Price Trend (YoY)
+159.9%
Year over year

Albemarle County, Virginia Land Market Analysis

How much is land worth in Albemarle County, Virginia?

The median price for land in Albemarle County, Virginia is currently $28K per acre. For a typical parcel, the median sale price is $307K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $94K while premium lots reached $768K.

Is now a good time to buy land in Albemarle County, Virginia?

Albemarle County, Virginia is currently a buyer's market with 10.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 159.9% year-over-year.

What is the months of supply for land in Albemarle County, Virginia?

Albemarle County, Virginia currently has 10.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the average price per acre in Albemarle County, Virginia?

Land in Albemarle County, Virginia averages $140K per acre. The median price per acre is $28K, which may be more representative of typical transactions. Most parcels sold are around 7.8 acres.

Is now a good time to invest in land in Albemarle County, Virginia?

The current absorption rate in Albemarle County, Virginia is 9.4% (3-month basis), indicating moderate demand. With appreciating values (+159.9% YoY), the market shows growth potential. The top-performing broker in this market is FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY.

What is the median land price in Albemarle County, Virginia?

The median land price in Albemarle County, Virginia stands at $307K. This translates to roughly $28K per acre for the typical parcel size. The average price is $416K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Albemarle County, Virginia?

Land in Albemarle County, Virginia typically sells within 269 days of listing. The median time on market is 73 days. Properties are moving slowly in the current buyer's market.

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.

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