Comprehensive market data and analysis• Updated Oct 2026
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | 1 | 3 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 7 |
Acreage buckets
The median price for land in Wallace, West Virginia is currently $3K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $77K.
Wallace, West Virginia is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Wallace, West Virginia currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Wallace, West Virginia typically sells within 133 days of listing. The median time on market is 85 days. Properties are moving slowly in the current seller's market.
There are currently 2 active listings in Wallace, West Virginia. 1 new listings have hit the market in the last 90 days. The median asking price is $26K.
The current absorption rate in Wallace, West Virginia is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Joe R. Pyle Complete Auction and Realty Service.
Land in Wallace, West Virginia averages $3K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 20.3 acres.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Wallace on LandyDandy.
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