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Union Hall, Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
45
Sold (12M)
16
Median Price
$98K
Market Condition
Strong Buyer's Market

Union Hall, Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

45.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$98K
Avg Price/Acre
$45K
Avg Days on Market
394
Months of Supply
45.0
YoY Price Change
-
New Listings (3M)
5

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-2910
1-2 acres--33
2-5 acres-113
5-10 acres----
10-20 acres-112
20-50 acres----
50-100 acres----
100+ acres----
TOTAL041418
📊 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 acres10 sold / 21 listed
1-2 acres3 sold / 17 listed
2-5 acres3 sold / 0 listed
5-10 acres0 sold / 1 listed
10-20 acres2 sold / 0 listed
20-50 acres0 sold / 2 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$71K$142K
0- 1
1- 2
2- 5
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.0M
Last 12 months
Active Listings
45
Current inventory
Avg Days on Market
394
Time to sell
Price Trend (YoY)
-
Year over year

Union Hall, Virginia Land Market Analysis

How much is land worth in Union Hall, Virginia?

The median price for land in Union Hall, Virginia is currently $45K per acre. For a typical parcel, the median sale price is $98K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $467K.

Is now a good time to buy land in Union Hall, Virginia?

Union Hall, Virginia is currently a strong buyer's market with 45.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Union Hall, Virginia?

Union Hall, Virginia currently has 45.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Union Hall, Virginia?

The 3-month absorption rate in Union Hall, Virginia is 2.2%. The 12-month rate is 3.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Union Hall, Virginia last year?

Over the past 12 months, Union Hall, Virginia saw 16 properties sold, totaling $3.0M in sales volume. In just the last 3 months, 3 properties changed hands.

What is the average price per acre in Union Hall, Virginia?

Land in Union Hall, Virginia averages $223K per acre. The median price per acre is $45K, which may be more representative of typical transactions. Most parcels sold are around 36,808 sq ft.

What is the median land price in Union Hall, Virginia?

The median land price in Union Hall, Virginia stands at $98K. This translates to roughly $45K per acre for the typical parcel size. The average price is $185K, indicating some higher-priced properties pulling up the average.

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.

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