Comprehensive market data and analysis• Updated Oct 2026
8.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | 1 | 2 | 2 |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | 1 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 1 | 4 | 6 | 7 |
Acreage buckets
The median price for land in Norton County, Virginia is currently $84K per acre. For a typical parcel, the median sale price is $24K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $19K while premium lots reached $594K.
Norton County, Virginia is currently a balanced market with 8.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Norton County, Virginia currently has 8.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Norton County, Virginia averages $114K per acre. The median price per acre is $84K, which may be more representative of typical transactions. Most parcels sold are around 2.1 acres.
The current absorption rate in Norton County, Virginia is 12.5% (3-month basis), indicating moderate demand.
The 3-month absorption rate in Norton County, Virginia is 12.5%. The 12-month rate is 6.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 8 active listings in Norton County, Virginia. 2 new listings have hit the market in the last 90 days. The median asking price is $31K.
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 Norton County on LandyDandy.
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