Comprehensive market data and analysis• Updated Dec 2025
47.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 4 | 13 |
| 1-2 acres | - | - | 1 | 4 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 8 | 21 |
Acreage buckets
The median price for land in Reedville, Virginia is currently $119K per acre. For a typical parcel, the median sale price is $51K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $183K.
Reedville, Virginia is currently a strong buyer's market with 47.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 71.4% year-over-year.
Reedville, Virginia currently has 47.0 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 47 active listings in Reedville, Virginia. 11 new listings have hit the market in the last 90 days. The median asking price is $59K.
The current absorption rate in Reedville, Virginia is 2.1% (3-month basis), indicating slow demand. With appreciating values (+71.4% YoY), the market shows growth potential. The top-performing broker in this market is Napier REALTORS ERA.
The 3-month absorption rate in Reedville, Virginia is 2.1%. The 12-month rate is 3.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Reedville, Virginia saw 22 properties sold, totaling $3.1M in sales volume. In just the last 3 months, 3 properties changed hands.
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.
