How much is land worth in Newsoms, Virginia?
The median price for land in Newsoms, Virginia is currently $76 per acre. For a typical parcel, the median sale price is $20K. Recently, the cheapest land sold for $20K while premium lots reached $20K.
Newsoms, Virginia Land Market Statistics
Comprehensive market data and analysis• Updated Oct 2026
Active Listings
2
Sold (12M)
1
Median Price
$20K
Market Condition
Balanced Market
Newsoms, Virginia Market Meter
Balanced Market
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
Market Overview
Median Price
$20K
Avg Price/Acre
$76
Avg Days on Market
-
Months of Supply
6.0
YoY Price Change
-
New Listings (3M)
0
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 0 | 1 | 1 | 1 |
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.
Market Trends & Analysis
Inventory by Acreage (12 Months)
Sold
For Sale
0-1 acres0 sold / 1 listed
1-2 acres0 sold / 1 listed
100+ acres1 sold / 0 listed
Median Price by Acreage
$0$10K$20K
100+
Acreage buckets
Key Market Indicators
Total Sales Volume
$20K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year
Newsoms, Virginia Land Market Analysis
Is now a good time to buy land in Newsoms, Virginia?
Newsoms, Virginia is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
What is the months of supply for land in Newsoms, Virginia?
Newsoms, Virginia currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
What is the total land for sale in Newsoms, Virginia?
There are currently 2 active listings in Newsoms, Virginia. The median asking price is $30K.
What is the average price per acre in Newsoms, Virginia?
Land in Newsoms, Virginia averages $76 per acre. The median price per acre is $76, which may be more representative of typical transactions. Most parcels sold are around 264.7 acres.
Is now a good time to invest in land in Newsoms, Virginia?
The current absorption rate in Newsoms, Virginia is 16.7% (3-month basis), indicating strong demand.
What is the absorption rate for land in Newsoms, Virginia?
The 3-month absorption rate in Newsoms, Virginia is 16.7%. The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Data Sources & Accuracy
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.
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