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 | - | - | - | 2 |
| 1-2 acres | - | - | - | 3 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | 3 | 6 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | 3 |
| TOTAL | 1 | 2 | 5 | 18 |
Acreage buckets
The median price for land in Broadway, Virginia is currently $17K per acre. For a typical parcel, the median sale price is $120K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $46K while premium lots reached $606K.
Broadway, 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.
Broadway, 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.
Land in Broadway, Virginia averages $50K per acre. The median price per acre is $17K, which may be more representative of typical transactions. Most parcels sold are around 6.4 acres.
The median land price in Broadway, Virginia stands at $120K. This translates to roughly $17K per acre for the typical parcel size. The average price is $310K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Broadway, Virginia is 4.4%. The 12-month rate is 10.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Broadway, Virginia is 4.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Old Dominion Realty Inc.
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 Broadway on LandyDandy.
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