Comprehensive market data and analysis• Updated Oct 2026
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 3 |
Acreage buckets
The median price for land in Wallops Island, Virginia is currently $45K per acre. For a typical parcel, the median sale price is $153K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $147K while premium lots reached $159K.
Wallops Island, Virginia is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Wallops Island, Virginia currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 1 active listings in Wallops Island, Virginia. The median asking price is $145K.
The current absorption rate in Wallops Island, Virginia is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Long & Foster - Main St.
Land in Wallops Island, Virginia averages $45K per acre. The median price per acre is $45K, which may be more representative of typical transactions. Most parcels sold are around 3.4 acres.
Over the past 12 months, Wallops Island, Virginia saw 2 properties sold, totaling $305K in sales volume. In just the last 3 months, 1 properties changed hands.
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 Wallops Island on LandyDandy.
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