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Nitro, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
3
Median Price
$22K
Market Condition
Very Hot Seller's Market

Nitro, West Virginia Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$22K
Avg Price/Acre
$111K
Avg Days on Market
36
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-113
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0113
📊 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 / 0 listed

Median Price by Acreage

$0$11K$22K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$71K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
36
Time to sell
Price Trend (YoY)
-
Year over year

Nitro, West Virginia Land Market Analysis

How much is land worth in Nitro, West Virginia?

The median price for land in Nitro, West Virginia is currently $111K per acre. For a typical parcel, the median sale price is $22K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $30K.

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

The 3-month absorption rate in Nitro, 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.

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

Over the past 12 months, Nitro, West Virginia saw 3 properties sold, totaling $71K in sales volume. In just the last 3 months, 1 properties changed hands.

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

Land in Nitro, West Virginia averages $153K per acre. The median price per acre is $111K, which may be more representative of typical transactions. Most parcels sold are around 6,490 sq ft.

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

The current absorption rate in Nitro, West Virginia is 100.0% (3-month basis), indicating strong demand.

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

Land in Nitro, West Virginia typically sells within 36 days of listing. The median time on market is 39 days. Properties are moving quickly in the current very hot seller's market.

What is the median land price in Nitro, West Virginia?

The median land price in Nitro, West Virginia stands at $22K. This translates to roughly $111K per acre for the typical parcel size. The average price is $24K, indicating some higher-priced properties pulling up the average.

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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