Comprehensive market data and analysis• Updated Dec 2025
30.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 3 | 4 |
| 1-2 acres | - | - | 1 | 4 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 7 | 11 |
Acreage buckets
The median price for land in Chilhowie, Virginia is currently $22K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $11K while premium lots reached $95K.
Chilhowie, Virginia is currently a strong buyer's market with 30.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Chilhowie, Virginia currently has 30.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Chilhowie, Virginia is 3.3% (3-month basis), indicating slow demand. The top-performing broker in this market is Uptown Properties LLC.
There are currently 40 active listings in Chilhowie, Virginia. 3 new listings have hit the market in the last 90 days. The median asking price is $25K.
Land in Chilhowie, Virginia typically sells within 188 days of listing. The median time on market is 86 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Chilhowie, Virginia is 3.3%. The 12-month rate is 2.3%. 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.
