Landydandy logo

Elk Garden, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
1
Median Price
$115K
Market Condition
Seller's Market

Elk Garden, West Virginia Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$115K
Avg Price/Acre
$9K
Avg Days on Market
1312
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres1111
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1111
📊 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
5-10 acres0 sold / 1 listed
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$58K$115K
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$115K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
1312
Time to sell
Price Trend (YoY)
-
Year over year

Elk Garden, West Virginia Land Market Analysis

How much is land worth in Elk Garden, West Virginia?

The median price for land in Elk Garden, West Virginia is currently $9K per acre. For a typical parcel, the median sale price is $115K. Recently, the cheapest land sold for $115K while premium lots reached $115K.

Is now a good time to buy land in Elk Garden, West Virginia?

Elk Garden, West 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.

What is the months of supply for land in Elk Garden, West Virginia?

Elk Garden, West Virginia currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the absorption rate for land in Elk Garden, West Virginia?

The 3-month absorption rate in Elk Garden, West Virginia is 33.3%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Elk Garden, West Virginia?

There are currently 1 active listings in Elk Garden, West Virginia. The median asking price is $70K.

What is the median land price in Elk Garden, West Virginia?

The median land price in Elk Garden, West Virginia stands at $115K. This translates to roughly $9K per acre for the typical parcel size.

How long does it take to sell land in Elk Garden, West Virginia?

Land in Elk Garden, West Virginia typically sells within 1312 days of listing. The median time on market is 1312 days. Properties are moving slowly in the current seller's market.

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.

Explore More Land Market Statistics

All States

West Virginia Counties

Other Cities in Mineral County