Comprehensive market data and analysis• Updated Dec 2025
4.3 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 7 | 7 | 7 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 7 | 8 | 9 |
Acreage buckets
The median price for land in Spring Grove, Virginia is currently $43K per acre. For a typical parcel, the median sale price is $35K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $47K.
Spring Grove, Virginia is currently a seller's market with 4.3 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Spring Grove, Virginia currently has 4.3 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 10 active listings in Spring Grove, Virginia. 3 new listings have hit the market in the last 90 days. The median asking price is $191K.
Land in Spring Grove, Virginia typically sells within 44 days of listing. The median time on market is 62 days. Properties are moving quickly in the current seller's market.
Land in Spring Grove, Virginia averages $43K per acre. The median price per acre is $43K, which may be more representative of typical transactions. Most parcels sold are around 24,524 sq ft.
The current absorption rate in Spring Grove, Virginia is 23.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Daniel And Daniel Realty, Inc..
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.
