Landydandy logo

Castlewood, Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
7
Sold (12M)
2
Median Price
$165K
Market Condition
Strong Buyer's Market

Castlewood, Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$165K
Avg Price/Acre
$2K
Avg Days on Market
38
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres--11
50-100 acres----
100+ acres--11
TOTAL0022
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
20-50 acres1 sold / 1 listed
100+ acres1 sold / 5 listed

Median Price by Acreage

$0$150K$300K
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$330K
Last 12 months
Active Listings
7
Current inventory
Avg Days on Market
38
Time to sell
Price Trend (YoY)
-
Year over year

Castlewood, Virginia Land Market Analysis

How much is land worth in Castlewood, Virginia?

The median price for land in Castlewood, Virginia is currently $2K per acre. For a typical parcel, the median sale price is $165K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $57K while premium lots reached $273K.

What is the average price per acre in Castlewood, Virginia?

Land in Castlewood, Virginia averages $2K per acre. The median price per acre is $2K, which may be more representative of typical transactions. Most parcels sold are around 89.5 acres.

What is the total amount sold in Castlewood, Virginia last year?

Over the past 12 months, Castlewood, Virginia saw 2 properties sold, totaling $330K in sales volume.

What is the absorption rate for land in Castlewood, Virginia?

The 12-month rate is 2.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Castlewood, Virginia?

The median land price in Castlewood, Virginia stands at $165K. This translates to roughly $2K per acre for the typical parcel size.

How long does it take to sell land in Castlewood, Virginia?

Land in Castlewood, Virginia typically sells within 38 days of listing. The median time on market is 38 days. Properties are moving quickly in the current strong buyer's market.

What is the total land for sale in Castlewood, Virginia?

There are currently 7 active listings in Castlewood, Virginia. The median asking price is $289K.

Data Sources & Accuracy

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.

Explore More Land Market Statistics

All States

Virginia Counties

Other Cities in Russell County