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Summersville, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
18
Sold (12M)
6
Median Price
$38K
Market Condition
Strong Buyer's Market

Summersville, West Virginia Market Meter

Buyer'sSeller's
Strong Buyer's Market

54.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$38K
Avg Price/Acre
$15K
Avg Days on Market
82
Months of Supply
54.0
YoY Price Change
-
New Listings (3M)
8

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-122
1-2 acres--11
2-5 acres--11
5-10 acres----
10-20 acres----
20-50 acres--12
50-100 acres----
100+ acres----
TOTAL0156
📊 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 acres2 sold / 1 listed
1-2 acres1 sold / 4 listed
2-5 acres1 sold / 4 listed
5-10 acres0 sold / 4 listed
20-50 acres2 sold / 2 listed
50-100 acres0 sold / 2 listed

Median Price by Acreage

$0$53K$105K
0- 1
1- 2
2- 5
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$321K
Last 12 months
Active Listings
18
Current inventory
Avg Days on Market
82
Time to sell
Price Trend (YoY)
-
Year over year

Summersville, West Virginia Land Market Analysis

How much is land worth in Summersville, West Virginia?

The median price for land in Summersville, West Virginia is currently $15K per acre. For a typical parcel, the median sale price is $38K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $105K.

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

Summersville, West Virginia is currently a strong buyer's market with 54.0 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 Summersville, West Virginia?

Summersville, West Virginia currently has 54.0 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 Summersville, West Virginia?

The current absorption rate in Summersville, West Virginia is 1.9% (3-month basis), indicating slow demand. The top-performing broker in this market is Whitetail Properties Real Estate, LLC.

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

Land in Summersville, West Virginia typically sells within 82 days of listing. The median time on market is 41 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

Over the past 12 months, Summersville, West Virginia saw 6 properties sold, totaling $321K in sales volume. In just the last 3 months, 1 properties changed hands.

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

Land in Summersville, West Virginia averages $20K per acre. The median price per acre is $15K, which may be more representative of typical transactions. Most parcels sold are around 3.0 acres.

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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