Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in Somerset, Virginia is currently $25K per acre. For a typical parcel, the median sale price is $130K. Recently, the cheapest land sold for $130K while premium lots reached $130K.
Over the past 12 months, Somerset, Virginia saw 1 properties sold, totaling $130K in sales volume.
There are currently 1 active listings in Somerset, Virginia. The median asking price is $415K.
Land in Somerset, Virginia typically sells within 26 days of listing. The median time on market is 26 days. Properties are moving quickly in the current strong buyer's market.
The top-performing broker in this market is MONTAGUE, MILLER & CO. - WESTFIELD.
The median land price in Somerset, Virginia stands at $130K. This translates to roughly $25K per acre for the typical parcel size.
The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Somerset on LandyDandy.
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