Comprehensive market data and analysis• Updated Dec 2025
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 | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Wake, Virginia is currently $15K per acre. For a typical parcel, the median sale price is $98K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $72K while premium lots reached $124K.
There are currently 1 active listings in Wake, Virginia. The median asking price is $60K.
Land in Wake, Virginia typically sells within 138 days of listing. The median time on market is 138 days. Properties are moving slowly in the current strong buyer's market.
The top-performing broker in this market is IsaBell K. Horsley Real Estate.
Over the past 12 months, Wake, Virginia saw 2 properties sold, totaling $195K in sales volume.
The median land price in Wake, Virginia stands at $98K. This translates to roughly $15K per acre for the typical parcel size.
Land in Wake, Virginia averages $15K per acre. The median price per acre is $15K, which may be more representative of typical transactions. Most parcels sold are around 7.1 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.