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Wythe County, Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
81
Sold (12M)
77
Median Price
$70K
Market Condition
Strong Buyer's Market

Wythe County, Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$70K
Avg Price/Acre
$14K
Avg Days on Market
149
Months of Supply
14.3
YoY Price Change
+44.6%
New Listings (3M)
16

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-4718
1-2 acres1249
2-5 acres--38
5-10 acres1348
10-20 acres-3614
20-50 acres--16
50-100 acres3479
100+ acres1124
TOTAL6173476
📊 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 acres18 sold / 25 listed
1-2 acres9 sold / 15 listed
2-5 acres8 sold / 13 listed
5-10 acres8 sold / 11 listed
10-20 acres14 sold / 4 listed
20-50 acres6 sold / 5 listed
50-100 acres9 sold / 3 listed
100+ acres4 sold / 3 listed

Median Price by Acreage

$0$240K$480K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$9.1M
Last 12 months
Active Listings
81
Current inventory
Avg Days on Market
149
Time to sell
Price Trend (YoY)
+44.6%
Year over year

Wythe County, Virginia Land Market Analysis

How much is land worth in Wythe County, Virginia?

The median price for land in Wythe County, Virginia is currently $14K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $264K.

Is now a good time to buy land in Wythe County, Virginia?

Wythe County, Virginia is currently a strong buyer's market with 14.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 44.6% year-over-year.

What is the months of supply for land in Wythe County, Virginia?

Wythe County, Virginia currently has 14.3 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the median land price in Wythe County, Virginia?

The median land price in Wythe County, Virginia stands at $70K. This translates to roughly $14K per acre for the typical parcel size. The average price is $119K, indicating some higher-priced properties pulling up the average.

What is the total amount sold in Wythe County, Virginia last year?

Over the past 12 months, Wythe County, Virginia saw 77 properties sold, totaling $9.1M in sales volume. In just the last 3 months, 17 properties changed hands.

Is now a good time to invest in land in Wythe County, Virginia?

The current absorption rate in Wythe County, Virginia is 7.0% (3-month basis), indicating slow demand. With appreciating values (+44.6% YoY), the market shows growth potential. The top-performing broker in this market is Weichert Realtors-Short Way Real Estate.

What is the absorption rate for land in Wythe County, Virginia?

The 3-month absorption rate in Wythe County, Virginia is 7.0%. The 12-month rate is 7.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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