Comprehensive market data and analysis• Updated Dec 2025
10.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 6 |
| 1-2 acres | - | 2 | 3 | 7 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | 1 | 2 | 2 | 2 |
| TOTAL | 1 | 5 | 8 | 18 |
Acreage buckets
The median price for land in Chester, Virginia is currently $68K per acre. For a typical parcel, the median sale price is $103K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $2.0M.
Chester, Virginia is currently a buyer's market with 10.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 22900.0% year-over-year.
Chester, Virginia currently has 10.8 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Chester, Virginia saw 18 properties sold, totaling $53.9M in sales volume. In just the last 3 months, 5 properties changed hands.
Land in Chester, Virginia typically sells within 40 days of listing. The median time on market is 25 days. Properties are moving quickly in the current buyer's market.
The median land price in Chester, Virginia stands at $103K. This translates to roughly $68K per acre for the typical parcel size. The average price is $3.0M, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Chester, Virginia is 9.3%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
