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Mercer County, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
37
Sold (12M)
17
Median Price
$53K
Market Condition
Strong Buyer's Market

Mercer County, West Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

18.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$53K
Avg Price/Acre
$8K
Avg Days on Market
167
Months of Supply
18.5
YoY Price Change
+330.0%
New Listings (3M)
20

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--13
1-2 acres-112
2-5 acres-111
5-10 acres-244
10-20 acres--11
20-50 acres---2
50-100 acres2222
100+ acres--11
TOTAL261116
📊 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 acres3 sold / 11 listed
1-2 acres2 sold / 3 listed
2-5 acres1 sold / 7 listed
5-10 acres4 sold / 4 listed
10-20 acres1 sold / 1 listed
20-50 acres2 sold / 4 listed
50-100 acres2 sold / 1 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$501K$1.0M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.2M
Last 12 months
Active Listings
37
Current inventory
Avg Days on Market
167
Time to sell
Price Trend (YoY)
+330.0%
Year over year

Mercer County, West Virginia Land Market Analysis

How much is land worth in Mercer County, West Virginia?

The median price for land in Mercer County, West Virginia is currently $8K per acre. For a typical parcel, the median sale price is $53K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $250K.

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

Mercer County, West Virginia is currently a strong buyer's market with 18.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 330.0% year-over-year.

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

Mercer County, West Virginia currently has 18.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the median land price in Mercer County, West Virginia?

The median land price in Mercer County, West Virginia stands at $53K. This translates to roughly $8K per acre for the typical parcel size. The average price is $187K, indicating some higher-priced properties pulling up the average.

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

The 3-month absorption rate in Mercer County, West Virginia is 5.4%. The 12-month rate is 3.8%. 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 Mercer County, West Virginia last year?

Over the past 12 months, Mercer County, West Virginia saw 17 properties sold, totaling $3.2M in sales volume. In just the last 3 months, 6 properties changed hands.

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

There are currently 37 active listings in Mercer County, West Virginia. 20 new listings have hit the market in the last 90 days. The median asking price is $100K.

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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