Comprehensive market data and analysis• Updated Dec 2025
2.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | 3 | 5 | 7 |
| 2-5 acres | - | - | 1 | 3 |
| 5-10 acres | - | 2 | 2 | 3 |
| 10-20 acres | 1 | 1 | 3 | 3 |
| 20-50 acres | - | 3 | 4 | 4 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 9 | 16 | 23 |
Acreage buckets
The median price for land in Boones Mill, Virginia is currently $10K per acre. For a typical parcel, the median sale price is $48K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $128K.
Boones Mill, Virginia is currently a very hot seller's market with 2.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 202.1% year-over-year.
Boones Mill, Virginia currently has 2.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Boones Mill, Virginia is 50.0%. The 12-month rate is 33.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 6 active listings in Boones Mill, Virginia. The median asking price is $142K.
Over the past 12 months, Boones Mill, Virginia saw 24 properties sold, totaling $1.4M in sales volume. In just the last 3 months, 9 properties changed hands.
The current absorption rate in Boones Mill, Virginia is 50.0% (3-month basis), indicating strong demand. With appreciating values (+202.1% YoY), the market shows growth potential. The top-performing broker in this market is Mossy Oak Properties Land and Luxury.
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.
