Comprehensive market data and analysis• Updated Oct 2026
22.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 1 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | 1 | 1 | 1 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 2 | 3 | 9 |
Acreage buckets
The median price for land in Austinville, Virginia is currently $7K per acre. For a typical parcel, the median sale price is $73K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $23K while premium lots reached $206K.
Austinville, Virginia is currently a strong buyer's market with 22.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Austinville, Virginia currently has 22.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Austinville, Virginia is 4.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Turman & Associates Realty LLC.
Over the past 12 months, Austinville, Virginia saw 7 properties sold, totaling $748K in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Austinville, Virginia averages $33K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 10.8 acres.
The median land price in Austinville, Virginia stands at $73K. This translates to roughly $7K per acre for the typical parcel size. The average price is $107K, indicating some higher-priced properties pulling up the average.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Austinville on LandyDandy.
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