Comprehensive market data and analysis• Updated Oct 2026
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 | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 0 | 0 | 3 | 6 |
Acreage buckets
The median price for land in Elkwood, Virginia is currently $14K per acre. For a typical parcel, the median sale price is $375K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $172K while premium lots reached $427K.
There are currently 11 active listings in Elkwood, Virginia. 1 new listings have hit the market in the last 90 days. The median asking price is $469K.
Land in Elkwood, Virginia averages $14K per acre. The median price per acre is $14K, which may be more representative of typical transactions. Most parcels sold are around 30.7 acres.
The top-performing broker in this market is United Country Piedmont Real Estate.
Over the past 12 months, Elkwood, Virginia saw 5 properties sold, totaling $1.6M in sales volume.
Land in Elkwood, Virginia typically sells within 89 days of listing. The median time on market is 24 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 12-month rate is 3.8%. 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Elkwood on LandyDandy.
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