Landydandy logo

Roanoke County, Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
212
Sold (12M)
255
Median Price
$37K
Market Condition
Strong Buyer's Market

Roanoke County, Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

13.2 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$37K
Avg Price/Acre
$73K
Avg Days on Market
127
Months of Supply
13.2
YoY Price Change
+138.6%
New Listings (3M)
72

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-244
1-2 acres-2410
2-5 acres-3913
5-10 acres-334
10-20 acres-123
20-50 acres-125
50-100 acres----
100+ acres--11
TOTAL0122540
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres4 sold / 8 listed
1-2 acres10 sold / 21 listed
2-5 acres13 sold / 4 listed
5-10 acres4 sold / 6 listed
10-20 acres3 sold / 2 listed
20-50 acres5 sold / 1 listed
50-100 acres0 sold / 2 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$250K$500K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$25.4M
Last 12 months
Active Listings
212
Current inventory
Avg Days on Market
127
Time to sell
Price Trend (YoY)
+138.6%
Year over year

Roanoke County, Virginia Land Market Analysis

How much is land worth in Roanoke County, Virginia?

The median price for land in Roanoke County, Virginia is currently $73K per acre. For a typical parcel, the median sale price is $37K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $252K.

Is now a good time to buy land in Roanoke County, Virginia?

Roanoke County, Virginia is currently a strong buyer's market with 13.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 138.6% year-over-year.

What is the months of supply for land in Roanoke County, Virginia?

Roanoke County, Virginia currently has 13.2 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the absorption rate for land in Roanoke County, Virginia?

The 3-month absorption rate in Roanoke County, Virginia is 7.5%. The 12-month rate is 10.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Roanoke County, Virginia?

The median land price in Roanoke County, Virginia stands at $37K. This translates to roughly $73K per acre for the typical parcel size. The average price is $100K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Roanoke County, Virginia?

Land in Roanoke County, Virginia typically sells within 127 days of listing. The median time on market is 43 days. Properties are moving slowly in the current strong buyer's market.

What is the average price per acre in Roanoke County, Virginia?

Land in Roanoke County, Virginia averages $193K per acre. The median price per acre is $73K, which may be more representative of typical transactions. Most parcels sold are around 23,717 sq ft.

Data Sources & Accuracy

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.

Explore More Land Market Statistics

All States

Virginia Counties

Cities in Roanoke County