Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Tuesday, December 30, 2014
Median Price Per Acre

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....

Land Sales, Rockingham County, 5 - 10 Acres

As shown above, the pace of sales of 5 to 10 acre parcels is (slowly) increasing.
 

Land Sales, Rockingham County, 10 - 20 Acres

As shown above, the pace of sales of 10 to 20 acre parcels is also slowly improving.
 

Land Sales, Rockingham County, 20+ Acres

The increase in the sales of 20+ acre parcels has steadily increased over the past few years.