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Berkeley Springs, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
40
Sold (12M)
54
Median Price
$64K
Market Condition
Buyer's Market

Berkeley Springs, West Virginia Market Meter

Buyer'sSeller's
Buyer's Market

10.9 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$64K
Avg Price/Acre
$18K
Avg Days on Market
50
Months of Supply
10.9
YoY Price Change
+84.6%
New Listings (3M)
18

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---5
1-2 acres1114
2-5 acres251331
5-10 acres-123
10-20 acres-238
20-50 acres1222
50-100 acres---1
100+ acres----
TOTAL4112154
📊 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 acres5 sold / 0 listed
1-2 acres4 sold / 1 listed
2-5 acres31 sold / 21 listed
5-10 acres3 sold / 4 listed
10-20 acres8 sold / 6 listed
20-50 acres2 sold / 5 listed
50-100 acres1 sold / 2 listed

Median Price by Acreage

$0$365K$730K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$5.0M
Last 12 months
Active Listings
40
Current inventory
Avg Days on Market
50
Time to sell
Price Trend (YoY)
+84.6%
Year over year

Berkeley Springs, West Virginia Land Market Analysis

How much is land worth in Berkeley Springs, West Virginia?

The median price for land in Berkeley Springs, West Virginia is currently $18K per acre. For a typical parcel, the median sale price is $64K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $36K while premium lots reached $145K.

Is now a good time to buy land in Berkeley Springs, West Virginia?

Berkeley Springs, West Virginia is currently a buyer's market with 10.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 84.6% year-over-year.

What is the months of supply for land in Berkeley Springs, West Virginia?

Berkeley Springs, West Virginia currently has 10.9 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the total land for sale in Berkeley Springs, West Virginia?

There are currently 40 active listings in Berkeley Springs, West Virginia. 18 new listings have hit the market in the last 90 days. The median asking price is $112K.

Is now a good time to invest in land in Berkeley Springs, West Virginia?

The current absorption rate in Berkeley Springs, West Virginia is 9.2% (3-month basis), indicating moderate demand. With appreciating values (+84.6% YoY), the market shows growth potential. The top-performing broker in this market is Mountain Home Real Estate, LLC.

What is the absorption rate for land in Berkeley Springs, West Virginia?

The 3-month absorption rate in Berkeley Springs, West Virginia is 9.2%. The 12-month rate is 11.3%. 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 Berkeley Springs, West Virginia last year?

Over the past 12 months, Berkeley Springs, West Virginia saw 54 properties sold, totaling $5.0M in sales volume. In just the last 3 months, 11 properties changed hands.

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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