Comprehensive market data and analysis
We're showing West Virginia County statistics below to give you a broader market picture. As more transactions occur in Little Birch, West Virginia, we'll update with specific local data.
15.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Little Birch, West Virginia | ||||||
The median price for land in the West Virginia area is currently $12K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $250K.
the West Virginia area is currently a strong buyer's market with 15.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 21.4% year-over-year.
the West Virginia area currently has 15.4 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The median land price in the West Virginia area stands at $58K. This translates to roughly $12K per acre for the typical parcel size. The average price is $112K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in the West Virginia area is 6.5%. The 12-month rate is 6.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in the West Virginia area averages $135.9M per acre. The median price per acre is $12K, which may be more representative of typical transactions. Most parcels sold are around 4.0 acres.
Land in the West Virginia area typically sells within 136 days of listing. The median time on market is 62 days. Properties are moving slowly in the current strong buyer's market.
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.
