Buckingham Farms – Real Estate Market Update – Dec. 2018

Buckingham Farms - Real Estate Market Update - Dec. 2018

Latest Market Information for Farms in Buckingham County, Virginia

Buckingham Farms - Real Estate Market Update - Dec. 2018(This real estate market report includes information through 12/31/2018 for Buckingham County, Virginia.)

There are only eight active listing at year-end for farms for sale in Buckingham County. Sales over the past year are at a total of eight farms sold with three pending sales. Mid-size farms, between 50-100 acres, had the most sales of five, followed by small farms between 21 and 50 acres with two sales.

While there may not be many farm listings in Buckingham County, it’s important to note that the sales price for seven out of the eight sales in the past year was under $500,000. Farms in higher price ranges are selling much slower right now.

When selling a farm in Buckingham County, the past sales and active listings will impact your own listing and sale. It’s important to have a knowledgeable farm broker to help guide you and create a strong strategy for getting your farm sold.

Buckingham County can present different options for buyers looking for a Central Virginia farm with a lower cost per acre, but there are other important factors to consider. I would love the opportunity to help you search for your dream farm!

If you have any questions about this market report and how it might impact your decisions when buying and selling a farm, please reach out to me. I am happy to answer your questions and help you make the most informed decisions possible when buying or selling. 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

Madison County Farms – Dec. 2018

Orange County Farms – Dec. 2018