Comprehensive market data and analysis• Updated Dec 2025
3.3 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 9 | 16 | 33 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | 1 | 1 | 2 | 3 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 10 | 18 | 37 |
Acreage buckets
The median price for land in Basye, Virginia is currently $45K per acre. For a typical parcel, the median sale price is $15K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $111K.
Basye, Virginia is currently a seller's market with 3.3 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 124.0% year-over-year.
Basye, Virginia currently has 3.3 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Basye, Virginia is 30.3%. The 12-month rate is 28.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Basye, Virginia typically sells within 92 days of listing. The median time on market is 30 days. Properties are moving at a moderate pace in the current seller's market.
Over the past 12 months, Basye, Virginia saw 37 properties sold, totaling $1.6M in sales volume. In just the last 3 months, 10 properties changed hands.
Land in Basye, Virginia averages $67K per acre. The median price per acre is $45K, which may be more representative of typical transactions. Most parcels sold are around 15,202 sq ft.
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.
