Median Price Per Acre in Rockingham County


Median Price Per Acre in Rockingham County
By Scott Rogers • December 30, 2014
As shown above, the price (per acre) of land sales in Rockingham County is starting to improve in several price ranges. After three years of declines, the median price per acre of 5 - 10 acre parcels has improved slightly (+2%) over the past year to $11,036 per acre. The median price per acre of 10 - 20 acre parcels declined again in 2014 to $9,000 per acre. The median price per acre of parcels of 20 or more acres continues to increase, now to $6,846 an acre, a 57% increase over last year. Read on for more details on the pace of land sales.... As shown above, the pace of sales of 5 to 10 acre parcels is (slowly) increasing. As shown above, the pace of sales of 10 to 20 acre parcels is also slowly improving. The increase in the sales of 20+ acre parcels has steadily increased over the past few years. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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