Comprehensive market data and analysis• Updated Dec 2025
999.0 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 | - | - | - | 1 |
| 10-20 acres | - | - | 3 | 3 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 3 | 4 |
Acreage buckets
The median price for land in Elkwood, Virginia is currently $12K per acre. For a typical parcel, the median sale price is $166K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $99K while premium lots reached $203K.
There are currently 12 active listings in Elkwood, Virginia. 12 new listings have hit the market in the last 90 days. The median asking price is $486K.
Land in Elkwood, Virginia averages $12K per acre. The median price per acre is $12K, which may be more representative of typical transactions. Most parcels sold are around 15.1 acres.
The top-performing broker in this market is RE/MAX Gateway.
Over the past 12 months, Elkwood, Virginia saw 4 properties sold, totaling $623K in sales volume.
Land in Elkwood, Virginia typically sells within 114 days of listing. The median time on market is 114 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 12-month rate is 2.8%. 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.
