Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 3 |
Acreage buckets
The median price for land in Phenix, Virginia is currently $4K per acre. For a typical parcel, the median sale price is $160K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $154K while premium lots reached $340K.
The top-performing broker in this market is State Wide Realty Company.
The 12-month rate is 12.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Phenix, Virginia stands at $160K. This translates to roughly $4K per acre for the typical parcel size. The average price is $233K, indicating some higher-priced properties pulling up the average.
There are currently 2 active listings in Phenix, Virginia. 2 new listings have hit the market in the last 90 days. The median asking price is $173K.
Land in Phenix, Virginia averages $4K per acre. The median price per acre is $4K, which may be more representative of typical transactions. Most parcels sold are around 52.8 acres.
Land in Phenix, Virginia typically sells within 27 days of listing. The median time on market is 27 days. Properties are moving quickly in the current strong buyer's market.
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.
