Comprehensive market data and analysis• Updated Dec 2025
52.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | 1 | 1 | 1 | 2 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | 1 | 1 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 3 | 10 |
Acreage buckets
The median price for land in Pittsville, Virginia is currently $6K per acre. For a typical parcel, the median sale price is $48K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $148K.
Pittsville, Virginia is currently a strong buyer's market with 52.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 77.6% year-over-year.
Pittsville, Virginia currently has 52.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 35 active listings in Pittsville, Virginia. 8 new listings have hit the market in the last 90 days. The median asking price is $40K.
The current absorption rate in Pittsville, Virginia is 1.9% (3-month basis), indicating slow demand. With depreciating values (-77.6% YoY), buyers may find value opportunities. The top-performing broker in this market is The Greene Realty Group.
Land in Pittsville, Virginia typically sells within 111 days of listing. The median time on market is 60 days. Properties are moving at a moderate pace in the current strong buyer's market.
The median land price in Pittsville, Virginia stands at $48K. This translates to roughly $6K per acre for the typical parcel size. The average price is $65K, 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.
