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 | - | - | - | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Wakefield, Virginia is currently $57K per acre. For a typical parcel, the median sale price is $27K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $29K.
There are currently 6 active listings in Wakefield, Virginia. 4 new listings have hit the market in the last 90 days. The median asking price is $44K.
The top-performing broker in this market is Hardesty Homes.
The 12-month rate is 2.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Wakefield, Virginia saw 2 properties sold, totaling $55K in sales volume.
Land in Wakefield, Virginia typically sells within 6 days of listing. The median time on market is 6 days. Properties are moving quickly in the current strong buyer's market.
The median land price in Wakefield, Virginia stands at $27K. This translates to roughly $57K per acre for the typical parcel size.
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.
