Comprehensive market data and analysis• Updated Dec 2025
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 2 | 2 | 2 |
| TOTAL | 0 | 2 | 2 | 2 |
Acreage buckets
The median price for land in Nellis, West Virginia is currently $324 per acre. For a typical parcel, the median sale price is $94K. Recently, the cheapest land sold for $94K while premium lots reached $94K.
The 3-month absorption rate in Nellis, West Virginia is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Nellis, West Virginia typically sells within 9 days of listing. The median time on market is 9 days. Properties are moving quickly in the current very hot seller's market.
The median land price in Nellis, West Virginia stands at $94K. This translates to roughly $324 per acre for the typical parcel size.
Over the past 12 months, Nellis, West Virginia saw 2 properties sold, totaling $187K in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Nellis, West Virginia averages $324 per acre. The median price per acre is $324, which may be more representative of typical transactions. Most parcels sold are around 1155.8 acres.
The current absorption rate in Nellis, West Virginia is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Joe R. Pyle Complete Auction and Realty Service.
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.
