Comprehensive market data and analysis• Updated Dec 2025
10.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | 1 | 1 | 3 | 4 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 1 | 3 | 6 | 10 |
Acreage buckets
The median price for land in Buchanan, Virginia is currently $9K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $31K while premium lots reached $200K.
Buchanan, Virginia is currently a buyer's market with 10.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 54.2% year-over-year.
Buchanan, Virginia currently has 10.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 10 active listings in Buchanan, Virginia. The median asking price is $135K.
Land in Buchanan, Virginia typically sells within 68 days of listing. The median time on market is 53 days. Properties are moving at a moderate pace in the current buyer's market.
The current absorption rate in Buchanan, Virginia is 10.0% (3-month basis), indicating moderate demand. With depreciating values (-54.2% YoY), buyers may find value opportunities.
Over the past 12 months, Buchanan, Virginia saw 10 properties sold, totaling $1.1M in sales volume. In just the last 3 months, 3 properties changed hands.
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.
