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Price Per Acre of Land Sold in Rockingham County |
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 As shown above, the price per acre of 5 - 10 acre tracts has increased over the past several years to a median of $13,264 per acre. We are consistently seeing between 10 and 20 (between 11 and 17) of these parcels selling each year.  The median price per acre of 10 - 20 acre tracts jumped up to $13,184 in 2015, but settled back down in 2016 to $7,669 and has now risen again in 2017 to $9,796. The small-ish number of sales per year in this price range leads to more variability in the median sales price per acre depending on which particular tracts sell in any given year.  We saw almost 20 sales over 20 acres this year -- but the median price per acre fell from $6,949 (last year) to $5,496. | |
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
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