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Gerrardstown, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
8
Sold (12M)
24
Median Price
$115K
Market Condition
Balanced Market

Gerrardstown, West Virginia Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$115K
Avg Price/Acre
$16K
Avg Days on Market
94
Months of Supply
6.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres---4
2-5 acres--11
5-10 acres13512
10-20 acres-111
20-50 acres---5
50-100 acres--11
100+ acres----
TOTAL14824
📊 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
1-2 acres4 sold / 1 listed
2-5 acres1 sold / 0 listed
5-10 acres12 sold / 2 listed
10-20 acres1 sold / 2 listed
20-50 acres5 sold / 2 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$618K$1.2M
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.5M
Last 12 months
Active Listings
8
Current inventory
Avg Days on Market
94
Time to sell
Price Trend (YoY)
-
Year over year

Gerrardstown, West Virginia Land Market Analysis

How much is land worth in Gerrardstown, West Virginia?

The median price for land in Gerrardstown, West Virginia is currently $16K per acre. For a typical parcel, the median sale price is $115K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $285K.

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

Gerrardstown, West Virginia is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.

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

Gerrardstown, West Virginia currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

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

There are currently 8 active listings in Gerrardstown, West Virginia. 2 new listings have hit the market in the last 90 days. The median asking price is $150K.

What is the total amount sold in Gerrardstown, West Virginia last year?

Over the past 12 months, Gerrardstown, West Virginia saw 24 properties sold, totaling $4.5M in sales volume. In just the last 3 months, 4 properties changed hands.

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

The 3-month absorption rate in Gerrardstown, West Virginia is 16.7%. The 12-month rate is 25.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Gerrardstown, West Virginia?

The median land price in Gerrardstown, West Virginia stands at $115K. This translates to roughly $16K per acre for the typical parcel size. The average price is $188K, indicating some higher-priced properties pulling up the average.

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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