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 | - | - | - | - |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 5 |
Acreage buckets
The median price for land in Locust Hill, Virginia is currently $33K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $48K while premium lots reached $125K.
Locust Hill, 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.
Locust Hill, 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.
There are currently 4 active listings in Locust Hill, Virginia. 1 new listings have hit the market in the last 90 days. The median asking price is $80K.
The 3-month absorption rate in Locust Hill, Virginia is 8.3%. The 12-month rate is 10.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Locust Hill, Virginia typically sells within 52 days of listing. The median time on market is 28 days. Properties are moving quickly in the current strong buyer's market.
Over the past 12 months, Locust Hill, Virginia saw 5 properties sold, totaling $424K in sales volume. In just the last 3 months, 1 properties changed hands.
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 Locust Hill on LandyDandy.
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