Land values have declined over the past few years, and the median price per acre varies quite a bit based on the size of the parcel of land.  The median price per acre of all tracts of land with 5+ acres that have sold in Rockingham County thus far in 2012 is $7,000.  When we look only at those with 10+ acres, that drops to a median of $4,704 per acre.  Read on for further analysis of each segment of the land market in Rockingham County