Comprehensive market data and analysis• Updated Oct 2026
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 4 | 6 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 5 | 9 |
Acreage buckets
The median price for land in Gum Spring, Virginia is currently $56K per acre. For a typical parcel, the median sale price is $15K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $117K.
Gum Spring, Virginia is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Gum Spring, Virginia currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Gum Spring, Virginia is 8.3%. The 12-month rate is 18.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Gum Spring, Virginia saw 9 properties sold, totaling $430K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Gum Spring, Virginia averages $44K per acre. The median price per acre is $56K, which may be more representative of typical transactions. Most parcels sold are around 16,553 sq ft.
There are currently 4 active listings in Gum Spring, Virginia. 1 new listings have hit the market in the last 90 days. The median asking price is $320K.
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 Gum Spring on LandyDandy.
Browse land in Gum Spring →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
