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Glade Spring, Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
3
Sold (12M)
5
Median Price
$59K
Market Condition
Seller's Market

Glade Spring, Virginia Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$59K
Avg Price/Acre
$18K
Avg Days on Market
15
Months of Supply
3.0
YoY Price Change
-81.5%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres--11
2-5 acres2222
5-10 acres1111
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL3344
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
1-2 acres1 sold / 0 listed
2-5 acres2 sold / 2 listed
5-10 acres1 sold / 0 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$41K$83K
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$248K
Last 12 months
Active Listings
3
Current inventory
Avg Days on Market
15
Time to sell
Price Trend (YoY)
-81.5%
Year over year

Glade Spring, Virginia Land Market Analysis

How much is land worth in Glade Spring, Virginia?

The median price for land in Glade Spring, Virginia is currently $18K per acre. For a typical parcel, the median sale price is $59K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $21K while premium lots reached $73K.

Is now a good time to buy land in Glade Spring, Virginia?

Glade Spring, Virginia is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 81.5% year-over-year.

What is the months of supply for land in Glade Spring, Virginia?

Glade Spring, Virginia currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the median land price in Glade Spring, Virginia?

The median land price in Glade Spring, Virginia stands at $59K. This translates to roughly $18K per acre for the typical parcel size. The average price is $50K, showing a fairly consistent market.

What is the total amount sold in Glade Spring, Virginia last year?

Over the past 12 months, Glade Spring, Virginia saw 5 properties sold, totaling $248K in sales volume. In just the last 3 months, 3 properties changed hands.

Is now a good time to invest in land in Glade Spring, Virginia?

The current absorption rate in Glade Spring, Virginia is 33.3% (3-month basis), indicating strong demand. With depreciating values (-81.5% YoY), buyers may find value opportunities. The top-performing broker in this market is Homecoin.com.

What is the absorption rate for land in Glade Spring, Virginia?

The 3-month absorption rate in Glade Spring, Virginia is 33.3%. The 12-month rate is 13.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

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.

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