Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 2 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 3 | 5 |
Acreage buckets
The median price for land in Salem, West Virginia is currently $20K per acre. For a typical parcel, the median sale price is $105K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $36K while premium lots reached $130K.
There are currently 1 active listings in Salem, West Virginia. 1 new listings have hit the market in the last 90 days. The median asking price is $34K.
The 12-month rate is 41.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Salem, West Virginia saw 5 properties sold, totaling $446K in sales volume.
The top-performing broker in this market is Red Oak Realty.
Land in Salem, West Virginia averages $5.3M per acre. The median price per acre is $20K, which may be more representative of typical transactions. Most parcels sold are around 13,068 sq ft.
Land in Salem, West Virginia typically sells within 51 days of listing. The median time on market is 60 days. Properties are moving quickly in the current strong buyer's market.
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.
