Comprehensive market data and analysis• Updated Dec 2025
2.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | 2 | 2 | 4 | 6 |
| 2-5 acres | 1 | 1 | 1 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 3 | 5 | 8 |
Acreage buckets
The median price for land in Locust Hill, Virginia is currently $28K per acre. For a typical parcel, the median sale price is $35K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $100K.
Locust Hill, Virginia is currently a very hot seller's market with 2.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Locust Hill, Virginia currently has 2.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
There are currently 2 active listings in Locust Hill, Virginia. 2 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 50.0%. The 12-month rate is 33.3%. 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 89 days of listing. The median time on market is 87 days. Properties are moving at a moderate pace in the current very hot seller's market.
Over the past 12 months, Locust Hill, Virginia saw 8 properties sold, totaling $417K in sales volume. In just the last 3 months, 3 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. 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.