Comprehensive market data and analysis• Updated Dec 2025
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | 1 | 1 | 5 |
| 2-5 acres | 1 | 2 | 3 | 4 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | 1 | 2 | 2 | 3 |
| 20-50 acres | - | 4 | 7 | 9 |
| 50-100 acres | 1 | 1 | 2 | 6 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 3 | 11 | 16 | 31 |
Acreage buckets
The median price for land in Lee County, Virginia is currently $3K per acre. For a typical parcel, the median sale price is $48K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $165K.
Lee County, Virginia is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 246.7% year-over-year.
Lee County, Virginia currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Lee County, Virginia is 5.6%. The 12-month rate is 3.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Lee County, Virginia saw 31 properties sold, totaling $2.3M in sales volume. In just the last 3 months, 11 properties changed hands.
Land in Lee County, Virginia averages $7K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 20.2 acres.
There are currently 66 active listings in Lee County, Virginia. 30 new listings have hit the market in the last 90 days. The median asking price is $65K.
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.
