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Mineral Wells, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
4
Sold (12M)
5
Median Price
$28K
Market Condition
Strong Buyer's Market

Mineral Wells, West Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

12.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$28K
Avg Price/Acre
$20K
Avg Days on Market
174
Months of Supply
12.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--12
1-2 acres----
2-5 acres-111
5-10 acres--12
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0135
📊 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 acres2 sold / 3 listed
2-5 acres1 sold / 0 listed
5-10 acres2 sold / 0 listed

Median Price by Acreage

$0$41K$83K
0- 1
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$215K
Last 12 months
Active Listings
4
Current inventory
Avg Days on Market
174
Time to sell
Price Trend (YoY)
-
Year over year

Mineral Wells, West Virginia Land Market Analysis

How much is land worth in Mineral Wells, West Virginia?

The median price for land in Mineral Wells, West Virginia is currently $20K per acre. For a typical parcel, the median sale price is $28K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $91K.

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

Mineral Wells, West Virginia is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Mineral Wells, West Virginia currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the median land price in Mineral Wells, West Virginia?

The median land price in Mineral Wells, West Virginia stands at $28K. This translates to roughly $20K per acre for the typical parcel size. The average price is $43K, indicating some higher-priced properties pulling up the average.

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

The 3-month absorption rate in Mineral Wells, West Virginia is 8.3%. The 12-month rate is 10.4%. 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 Mineral Wells, West Virginia last year?

Over the past 12 months, Mineral Wells, West Virginia saw 5 properties sold, totaling $215K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the average price per acre in Mineral Wells, West Virginia?

Land in Mineral Wells, West Virginia averages $18K per acre. The median price per acre is $20K, which may be more representative of typical transactions. Most parcels sold are around 2.8 acres.

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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