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Morgan County, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
61
Sold (12M)
102
Median Price
$64K
Market Condition
Balanced Market

Morgan County, West Virginia Market Meter

Buyer'sSeller's
Balanced Market

8.7 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$64K
Avg Price/Acre
$16K
Avg Days on Market
64
Months of Supply
8.7
YoY Price Change
+47.9%
New Listings (3M)
25

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-1212
1-2 acres1115
2-5 acres391943
5-10 acres-21017
10-20 acres-2514
20-50 acres1223
50-100 acres-468
100+ acres----
TOTAL52145102
📊 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 acres12 sold / 1 listed
1-2 acres5 sold / 1 listed
2-5 acres43 sold / 27 listed
5-10 acres17 sold / 15 listed
10-20 acres14 sold / 7 listed
20-50 acres3 sold / 6 listed
50-100 acres8 sold / 2 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$140K$280K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$10.5M
Last 12 months
Active Listings
61
Current inventory
Avg Days on Market
64
Time to sell
Price Trend (YoY)
+47.9%
Year over year

Morgan County, West Virginia Land Market Analysis

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

The median price for land in Morgan County, West Virginia is currently $16K per acre. For a typical parcel, the median sale price is $64K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $225K.

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

Morgan County, West Virginia is currently a balanced market with 8.7 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 47.9% year-over-year.

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

Morgan County, West Virginia currently has 8.7 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

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

The 3-month absorption rate in Morgan County, West Virginia is 11.5%. The 12-month rate is 13.9%. 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 Morgan County, West Virginia last year?

Over the past 12 months, Morgan County, West Virginia saw 102 properties sold, totaling $10.5M in sales volume. In just the last 3 months, 21 properties changed hands.

What is the average price per acre in Morgan County, West Virginia?

Land in Morgan County, West Virginia averages $31K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 3.6 acres.

How long does it take to sell land in Morgan County, West Virginia?

Land in Morgan County, West Virginia typically sells within 64 days of listing. The median time on market is 33 days. Properties are moving at a moderate pace in the current balanced 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.

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