Monroe County Land Prices: $1,150 Per Acre (2025 Analysis)
In West Virginia, land prices can vary significantly from one county to another. On average, an acre of land in West Virginia costs $26,473. However, if you're looking for the most affordable option, Monroe County stands out as the cheapest at $1,150 per acre.
In contrast, Raleigh County is the most expensive with an average price of $140,840 per acre. This report will guide you through the land market in Monroe County, including current listings, market demand, and appreciation trends.
Current Cheap Land Listings in Monroe County (Updated Mar 2025)
As of Mar 05, 2025, there are 0 active listings in Monroe County with the cheapest price per acre.
Market Demand Analysis for Monroe County
- Active Listings: 0
- Pending Sales: 0
- Sold (Last 12 months): 5
- Total Listings: 5
- Turnover Ratio: 0.0%
The turnover ratio (number of sold listings / number of active listings) in Monroe County is 0%, which is lower the state average of 106%. This indicates that land in Monroe County is less in demand compared to other parts of the state.
Relative to the number of parcels, land in Monroe County is less in demand than the state average of 0.12%. Here's a table showing the number of parcels, sold listings, and ratio for Monroe County and the top 3 counties:
| County | Parcels | Sold Listings | Sold/Parcel Ratio |
|---|---|---|---|
| Monroe County | 13,440 | 5 | 0.04% |
| Hampshire County | 21,760 | 178 | 0.82% |
| Morgan County | 15,333 | 106 | 0.69% |
| Hardy County | 14,701 | 77 | 0.52% |
Land Parcel Analysis
Relative to the number of parcels, land in Monroe County is less in demand than the state average of 0.12%. Here's how Monroe County's land market activity compares to the state average:
- Total Land Parcels in Monroe County: 13,440
- Percentage of Parcels Sold (Last 12 months): 0.04%
- State Average Percentage Sold: 0.12%
Land Appreciation
Land in Monroe County is appreciating at a rate of 2.2%, which is faster than the state average of 1.5%.
How Quickly Does Land Sell in Monroe County?
- Land in Monroe County sells faster than the state average.
- Median Days on Market in Monroe County: 84 days
- State Average: 127 days
This means that when land is listed for sale in Monroe County, it typically takes 84 days to find a buyer.
Best Land Brokers and Realtors in Monroe County
If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Monroe County who have sold the most land in West Virginia over the last 12 months.
| Broker | Phone | Transactions | Total Volume | Avg DOM |
|---|---|---|---|---|
| Hensell Realty, Co. | 304-267-2958 | 5 | $8,322,500 | 385 days |
| West Virginia Land & Home Realty | 304-822-4488 | 63 | $7,994,200 | 59 days |
| Pioneer Ridge Realty | 304-359-2214 | 73 | $6,429,450 | 106 days |
| Whitetail Properties Real Estate, Llc | 217-285-9000 | 31 | $5,375,500 | 69 days |
| Samson Properties | 304-930-5128 | 17 | $5,086,510 | 131 days |
| Railey Realty West Virginia Properties | 301-387-2000 | 19 | $5,080,730 | 159 days |
| Credence Commercial Investment Management, Llc | 304-260-9380 | 13 | $4,908,500 | 534 days |
| Perry Realty, Llc | 304-258-3681 | 24 | $4,088,400 | 84 days |
| Hoffman Realty | 304-229-2100 | 7 | $3,399,271 | 215 days |
| Howard Hanna | 304-594-0115 | 18 | $3,318,500 | 206 days |
Source
Data from this article comes from the LandScraper Platform.
The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.
