Comprehensive market data and analysis• Updated Dec 2025
2.1 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | 2 | 4 | 6 | 7 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 2 | 2 | 2 |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 7 | 10 | 13 |
Acreage buckets
The median price for land in Petersburg, West Virginia is currently $10K per acre. For a typical parcel, the median sale price is $40K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $178K.
Petersburg, West Virginia is currently a very hot seller's market with 2.1 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Petersburg, West Virginia currently has 2.1 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Petersburg, West Virginia typically sells within 148 days of listing. The median time on market is 75 days. Properties are moving slowly in the current very hot seller's market.
There are currently 5 active listings in Petersburg, West Virginia. 1 new listings have hit the market in the last 90 days. The median asking price is $525K.
The 3-month absorption rate in Petersburg, West Virginia is 46.7%. The 12-month rate is 21.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Petersburg, West Virginia is 46.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Coldwell Banker Premier.
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.
