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Penn Laird, Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
5
Median Price
$123K
Market Condition
Strong Buyer's Market

Penn Laird, Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$123K
Avg Price/Acre
$294K
Avg Days on Market
26
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---3
1-2 acres---1
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0004
📊 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 acres3 sold / 0 listed
1-2 acres1 sold / 0 listed
2-5 acres0 sold / 1 listed

Median Price by Acreage

$0$61K$123K
0- 1
1- 2

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.8M
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
26
Time to sell
Price Trend (YoY)
-
Year over year

Penn Laird, Virginia Land Market Analysis

How much is land worth in Penn Laird, Virginia?

The median price for land in Penn Laird, Virginia is currently $294K per acre. For a typical parcel, the median sale price is $123K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $88K while premium lots reached $1.5M.

How long does it take to sell land in Penn Laird, Virginia?

Land in Penn Laird, Virginia typically sells within 26 days of listing. The median time on market is 35 days. Properties are moving quickly in the current strong buyer's market.

Is now a good time to invest in land in Penn Laird, Virginia?

The top-performing broker in this market is Acker Real Estate Service.

What is the median land price in Penn Laird, Virginia?

The median land price in Penn Laird, Virginia stands at $123K. This translates to roughly $294K per acre for the typical parcel size. The average price is $560K, indicating some higher-priced properties pulling up the average.

What is the total land for sale in Penn Laird, Virginia?

There are currently 1 active listings in Penn Laird, Virginia. 1 new listings have hit the market in the last 90 days. The median asking price is $220K.

What is the average price per acre in Penn Laird, Virginia?

Land in Penn Laird, Virginia averages $279K per acre. The median price per acre is $294K, which may be more representative of typical transactions. Most parcels sold are around 18,077 sq ft.

What is the total amount sold in Penn Laird, Virginia last year?

Over the past 12 months, Penn Laird, Virginia saw 5 properties sold, totaling $2.8M in sales volume.

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. 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.

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