Comprehensive market data and analysis• Updated Dec 2025
27.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 6 | 13 |
| 1-2 acres | - | 2 | 4 | 14 |
| 2-5 acres | - | 2 | 15 | 28 |
| 5-10 acres | 1 | 2 | 2 | 4 |
| 10-20 acres | - | 2 | 2 | 4 |
| 20-50 acres | - | - | 2 | 2 |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 2 | 10 | 33 | 68 |
Acreage buckets
The median price for land in Lancaster, Virginia is currently $19K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $9K while premium lots reached $385K.
Lancaster, Virginia is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 237.0% year-over-year.
Lancaster, Virginia currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Lancaster, Virginia typically sells within 115 days of listing. The median time on market is 73 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Lancaster, Virginia is 3.7% (3-month basis), indicating slow demand. With appreciating values (+237.0% YoY), the market shows growth potential. The top-performing broker in this market is RE/MAX Waterfront Realty.
Land in Lancaster, Virginia averages $40K per acre. The median price per acre is $19K, which may be more representative of typical transactions. Most parcels sold are around 2.1 acres.
There are currently 90 active listings in Lancaster, Virginia. 25 new listings have hit the market in the last 90 days. The median asking price is $46K.
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.