Comprehensive market data and analysis• Updated Dec 2025
21.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 4 | 4 |
| 1-2 acres | 1 | 1 | 1 | 3 |
| 2-5 acres | - | 1 | 5 | 14 |
| 5-10 acres | - | 1 | 7 | 9 |
| 10-20 acres | - | 1 | 2 | 7 |
| 20-50 acres | - | 2 | 2 | 4 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 1 | 7 | 22 | 42 |
Acreage buckets
The median price for land in Gloucester, Virginia is currently $15K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $215K.
Gloucester, Virginia is currently a strong buyer's market with 21.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 71.9% year-over-year.
Gloucester, Virginia currently has 21.4 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 Gloucester, Virginia stands at $70K. This translates to roughly $15K per acre for the typical parcel size. The average price is $100K, indicating some higher-priced properties pulling up the average.
Land in Gloucester, Virginia typically sells within 111 days of listing. The median time on market is 52 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Gloucester, Virginia is 4.7% (3-month basis), indicating slow demand. With depreciating values (-71.9% YoY), buyers may find value opportunities. The top-performing broker in this market is NextHome Coast To Country Real Estate.
Land in Gloucester, Virginia averages $25K per acre. The median price per acre is $15K, which may be more representative of typical transactions. Most parcels sold are around 4.9 acres.
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.
