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Wheeling, West Virginia Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
12
Sold (12M)
17
Median Price
$36K
Market Condition
Balanced Market

Wheeling, West Virginia Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$36K
Avg Price/Acre
$21K
Avg Days on Market
121
Months of Supply
6.0
YoY Price Change
+25.0%
New Listings (3M)
5

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres14491329
1-2 acres-11125
2-5 acres--1233
5-10 acres----23
10-20 acres-12222
20-50 acres--1333
50-100 acres------
100+ acres------
TOTAL169172545
📊 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 acres9 sold / 6 listed
1-2 acres1 sold / 2 listed
2-5 acres2 sold / 1 listed
5-10 acres0 sold / 1 listed
10-20 acres2 sold / 0 listed
20-50 acres3 sold / 1 listed

Median Price by Acreage

$0$208K$416K
0- 1
1- 2
2- 5
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.0M
Last 12 months
Active Listings
12
Current inventory
Avg Days on Market
121
Time to sell
Price Trend (YoY)
+25.0%
Year over year

Wheeling, West Virginia Land Market Analysis

How much is land worth in Wheeling, West Virginia?

The median price for land in Wheeling, West Virginia is currently $21K per acre. For a typical parcel, the median sale price is $36K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $282K.

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

Wheeling, West Virginia is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 25.0% year-over-year.

What is the months of supply for land in Wheeling, West Virginia?

Wheeling, West Virginia currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

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

Over the past 12 months, Wheeling, West Virginia saw 17 properties sold, totaling $2.0M in sales volume. In just the last 3 months, 6 properties changed hands.

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

The median land price in Wheeling, West Virginia stands at $36K. This translates to roughly $21K per acre for the typical parcel size. The average price is $117K, indicating some higher-priced properties pulling up the average.

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

The 3-month absorption rate in Wheeling, West Virginia is 16.7%. The 12-month rate is 11.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Land in Wheeling, West Virginia typically sells within 121 days of listing. The median time on market is 91 days. Properties are moving slowly in the current balanced market.

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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West Virginia Counties

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Other Cities in Ohio County

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