Comprehensive market data and analysis• Updated Dec 2025
7.1 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 3 | 12 |
| 1-2 acres | 2 | 2 | 5 | 9 |
| 2-5 acres | - | 1 | 6 | 10 |
| 5-10 acres | - | 2 | 4 | 9 |
| 10-20 acres | 2 | 4 | 6 | 13 |
| 20-50 acres | - | - | 1 | 3 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 11 | 25 | 57 |
Acreage buckets
The median price for land in New Kent County, Virginia is currently $26K per acre. For a typical parcel, the median sale price is $155K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $491K.
New Kent County, Virginia is currently a balanced market with 7.1 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 38.5% year-over-year.
New Kent County, Virginia currently has 7.1 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in New Kent County, Virginia averages $131K per acre. The median price per acre is $26K, which may be more representative of typical transactions. Most parcels sold are around 4.8 acres.
Over the past 12 months, New Kent County, Virginia saw 58 properties sold, totaling $11.0M in sales volume. In just the last 3 months, 11 properties changed hands.
The current absorption rate in New Kent County, Virginia is 14.1% (3-month basis), indicating moderate demand. With depreciating values (-38.5% YoY), buyers may find value opportunities. The top-performing broker in this market is Hometown Realty.
The median land price in New Kent County, Virginia stands at $155K. This translates to roughly $26K per acre for the typical parcel size. The average price is $190K, indicating some higher-priced properties pulling up the average.
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.
