Comprehensive market data and analysis• Updated Dec 2025
3.6 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 6 |
| 1-2 acres | 2 | 2 | 4 | 4 |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | - | - | 3 |
| 10-20 acres | 2 | 2 | 2 | 4 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 5 | 9 | 20 |
Acreage buckets
The median price for land in Providence Forge, Virginia is currently $25K per acre. For a typical parcel, the median sale price is $137K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $649K.
Providence Forge, Virginia is currently a seller's market with 3.6 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 79.0% year-over-year.
Providence Forge, Virginia currently has 3.6 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The median land price in Providence Forge, Virginia stands at $137K. This translates to roughly $25K per acre for the typical parcel size. The average price is $229K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Providence Forge, Virginia is 27.8% (3-month basis), indicating strong demand. With depreciating values (-79.0% YoY), buyers may find value opportunities. The top-performing broker in this market is United Real Estate Richmond.
The 3-month absorption rate in Providence Forge, Virginia is 27.8%. The 12-month rate is 27.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 6 active listings in Providence Forge, Virginia. 5 new listings have hit the market in the last 90 days. The median asking price is $145K.
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.