Landydandy logo

New Martinsville, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
2
Median Price
$80K
Market Condition
Balanced Market

New Martinsville, West Virginia Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$80K
Avg Price/Acre
$2K
Avg Days on Market
31
Months of Supply
6.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres-111
50-100 acres---1
100+ acres----
TOTAL0112
📊 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
2-5 acres0 sold / 1 listed
20-50 acres1 sold / 0 listed
50-100 acres1 sold / 1 listed

Median Price by Acreage

$0$50K$99K
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$159K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
31
Time to sell
Price Trend (YoY)
-
Year over year

New Martinsville, West Virginia Land Market Analysis

How much is land worth in New Martinsville, West Virginia?

The median price for land in New Martinsville, West Virginia is currently $2K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $64K while premium lots reached $95K.

Is now a good time to buy land in New Martinsville, West Virginia?

New Martinsville, West Virginia is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.

What is the months of supply for land in New Martinsville, West Virginia?

New Martinsville, West Virginia currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the average price per acre in New Martinsville, West Virginia?

Land in New Martinsville, West Virginia averages $2K per acre. The median price per acre is $2K, which may be more representative of typical transactions. Most parcels sold are around 48.7 acres.

What is the total amount sold in New Martinsville, West Virginia last year?

Over the past 12 months, New Martinsville, West Virginia saw 2 properties sold, totaling $159K in sales volume. In just the last 3 months, 1 properties changed hands.

Is now a good time to invest in land in New Martinsville, West Virginia?

The current absorption rate in New Martinsville, West Virginia is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is CityWide Realty -New Martinsville.

How long does it take to sell land in New Martinsville, West Virginia?

Land in New Martinsville, West Virginia typically sells within 31 days of listing. The median time on market is 31 days. Properties are moving quickly 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.

Explore More Land Market Statistics

All States

West Virginia Counties

Other Cities in Wetzel County