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 | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Drakes Branch, Virginia is currently $4K per acre. For a typical parcel, the median sale price is $429K. Recently, the cheapest land sold for $429K while premium lots reached $429K.
Drakes Branch, 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.
Drakes Branch, 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 median land price in Drakes Branch, Virginia stands at $429K. This translates to roughly $4K per acre for the typical parcel size.
The 3-month absorption rate in Drakes Branch, Virginia is 3.3%. The 12-month rate is 0.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Drakes Branch, Virginia saw 1 properties sold, totaling $429K in sales volume. In just the last 3 months, 1 properties changed hands.
The current absorption rate in Drakes Branch, Virginia is 3.3% (3-month basis), indicating slow 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.
