Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 2 | 2 |
Acreage buckets
The median price for land in Richlands, Virginia is currently $7K per acre. For a typical parcel, the median sale price is $21K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $9K while premium lots reached $32K.
Richlands, Virginia is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Richlands, Virginia currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Richlands, Virginia is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Fortune Realty of Richlands.
Land in Richlands, Virginia typically sells within 40 days of listing. The median time on market is 40 days. Properties are moving quickly in the current balanced market.
There are currently 4 active listings in Richlands, Virginia. 1 new listings have hit the market in the last 90 days. The median asking price is $20K.
Land in Richlands, Virginia averages $7K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 21.2 acres.
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.
