Central VA Farm Real Estate Market Archive

Up-to-Date Market Information for Farms in Madison County, Virginia

(This real estate market report includes information through 12/31/2018 for Madison County, Virginia.)

Madison county is seeing a healthy balance of active listings and sales for farms right now. With a current total of 11 sales in the past 12 months and 14 active listings for farms of all sizes.

The total number of active listings went down in the fourth quarter from 29 at the end of October, to just 14 at the end of December. Small farms, between 21 and 50 acres, have the most active listings, with seven total. There are 3 listings for mid-size farms of 50-100 acres, and 4 active listings for large farms over 100 acres.

If you’re planning to buy or sell a farm in Madison County or another area of Central Virginia, please reach out to me. I would love to talk more and answer your questions. Contact me, Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.

If you’re looking for information on farms in other parts of Central Virginia, you can find that here:

Central Virginia Farms – Dec. 2018

Albemarle County Farms – Dec. 2018

(This real estate market report includes information through 12/31/2018 for Central Virginia, Albemarle County.)

Small Albemarle County farms, between 21-50 acres, had the highest number of sales over the past 12 months in Albemarle County, with the majority of these farms ranging in price between $500,000 and $1 million.

While small farms are the front-runner for sales, large farms (over 100 acres) are in the lead for active listings. At year end, there were a total of 27 active listings for farms of this size. The inventory of large farms in Albemarle County is abundant, creating a buyer’s choice situation. With only a total of eleven sales in 2018 for large farms, the market is proving to be very slow for large farms right now in Albemarle County.

If you’re wondering what this means for you as a seller, or how to best leverage the current market as a buyer, I would love to answer any questions you have. Contact me, Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.

If you’re looking for information on farms in all of Central Virginia, you can find that here:

Central Virginia Farms – December 2018