Comprehensive market data and analysis• Updated Dec 2025
11.0 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 | - | 1 | 1 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 4 | 5 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 3 | 6 | 13 |
Acreage buckets
The median price for land in Buchanan County, Virginia is currently $2K per acre. For a typical parcel, the median sale price is $21K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $46K.
Buchanan County, Virginia is currently a buyer's market with 11.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 63.6% year-over-year.
Buchanan County, Virginia currently has 11.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Buchanan County, Virginia is 9.1% (3-month basis), indicating moderate demand. With depreciating values (-63.6% YoY), buyers may find value opportunities. The top-performing broker in this market is Goldwell Real Estate LLC.
Land in Buchanan County, Virginia typically sells within 79 days of listing. The median time on market is 90 days. Properties are moving at a moderate pace in the current buyer's market.
Over the past 12 months, Buchanan County, Virginia saw 13 properties sold, totaling $354K in sales volume. In just the last 3 months, 3 properties changed hands.
Land in Buchanan County, Virginia averages $6K per acre. The median price per acre is $2K, which may be more representative of typical transactions. Most parcels sold are around 13.5 acres.
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.