Comprehensive market data and analysis• Updated Dec 2025
7.1 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 7 | 11 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | 2 | 3 | 5 |
| 10-20 acres | 1 | 1 | 1 | 2 |
| 20-50 acres | 1 | 1 | 2 | 4 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 8 | 14 | 26 |
Acreage buckets
The median price for land in Bassett, Virginia is currently $7K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $4K while premium lots reached $120K.
Bassett, Virginia is currently a balanced market with 7.1 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 502.6% year-over-year.
Bassett, Virginia currently has 7.1 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Over the past 12 months, Bassett, Virginia saw 26 properties sold, totaling $1.4M in sales volume. In just the last 3 months, 8 properties changed hands.
Land in Bassett, Virginia typically sells within 52 days of listing. The median time on market is 26 days. Properties are moving quickly in the current balanced market.
The median land price in Bassett, Virginia stands at $30K. This translates to roughly $7K per acre for the typical parcel size. The average price is $54K, indicating some higher-priced properties pulling up the average.
There are currently 19 active listings in Bassett, Virginia. 10 new listings have hit the market in the last 90 days. The median asking price is $28K.
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.
