Landydandy logo

Parkersburg, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
44
Sold (12M)
21
Median Price
$30K
Market Condition
Strong Buyer's Market

Parkersburg, West Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

44.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$30K
Avg Price/Acre
$20K
Avg Days on Market
146
Months of Supply
44.0
YoY Price Change
-
New Listings (3M)
12

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-3512
1-2 acres--11
2-5 acres---1
5-10 acres--13
10-20 acres--11
20-50 acres--22
50-100 acres---1
100+ acres----
TOTAL031021
📊 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 / 33 listed
1-2 acres1 sold / 3 listed
2-5 acres1 sold / 1 listed
5-10 acres3 sold / 1 listed
10-20 acres1 sold / 0 listed
20-50 acres2 sold / 4 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$400K$800K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.9M
Last 12 months
Active Listings
44
Current inventory
Avg Days on Market
146
Time to sell
Price Trend (YoY)
-
Year over year

Parkersburg, West Virginia Land Market Analysis

How much is land worth in Parkersburg, West Virginia?

The median price for land in Parkersburg, West Virginia is currently $20K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $2K while premium lots reached $218K.

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

Parkersburg, West Virginia is currently a strong buyer's market with 44.0 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 Parkersburg, West Virginia?

Parkersburg, West Virginia currently has 44.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

The current absorption rate in Parkersburg, West Virginia is 2.3% (3-month basis), indicating slow demand. The top-performing broker in this market is PMC Realty Services.

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

The median land price in Parkersburg, West Virginia stands at $30K. This translates to roughly $20K per acre for the typical parcel size. The average price is $91K, indicating some higher-priced properties pulling up the average.

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

Land in Parkersburg, West Virginia averages $56K per acre. The median price per acre is $20K, which may be more representative of typical transactions. Most parcels sold are around 33,280 sq ft.

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

The 3-month absorption rate in Parkersburg, West Virginia is 2.3%. The 12-month rate is 4.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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 Wood County