The Virtual Land Index
A dated reference price for land across the major virtual worlds. Published with its method so a third party can reproduce it, and superseded by publishing a new compilation rather than by editing this one.
As at 2026-08-28 · Compilation 2026-08 · Next 2026-09-28Across the tracked worlds the average floor is down roughly 72% from the 2021–22 peak. The Sandbox is down about 95%, Decentraland about 89%, Otherside about 85%. Floor price is a liquidity signal, not a valuation — land that produces rent is valued on the rent.
| World | Peak | Latest | From peak | Entry |
|---|---|---|---|---|
| The Sandbox LAND |
2.86 ETH | 0.13 ETH | −95% | Sandbox entry |
| Decentraland LAND |
1.73 ETH | 0.18 ETH | −89% | Decentraland entry |
| Otherside Otherdeed |
1.98 ETH | 0.28 ETH | −85% | Otherside entry |
| Category aggregate Tracked worlds |
— | — | −72% | How this is computed |
Primary source: CoinGecko Research, metaverse land prices. Peak values are 2021–22 annual averages; latest are 2024 annual averages, the most recent full-year figures available. Method, exclusions and known limitations: methodology.
What the index is for
Not to tell you land is cheap. To give the category one number that carries a date, a method and a name attached to it.
Why it did not exist
Everyone who held virtual land had a reason not to publish what it was worth, and everyone who did not hold it had no reason to measure. So the figures in circulation come from exchange floors — which measure how quickly a seller wants out, not what a parcel produces.
We hold land. We publish the number anyway, because an operator who only quotes favourable figures is not quotable at all, and being the citable source is worth more than any single valuation.
What a floor price does not tell you
- Nothing about income. Two parcels at the same floor produce wildly different rent depending on adjacency and traffic.
- Nothing about depth. A floor set by one desperate seller is not a market price.
- Nothing about district. Decentraland's Fashion Street and its outlying parcels are different assets sharing a ticker.
The index reports floors because they are checkable. Valuation is a separate exercise, and the honest version starts with the tenant — see is virtual real estate a good investment.
Using and citing the index
Cite it like this
Metaverse Properties, Virtual Land Index, compilation 2026-08, as at 2026-08-28. https://metaverse.properties/index/
Always carry the compilation date. A figure from this index without its date is not a figure from this index, because the next compilation supersedes it and this one stays reachable.
What changes between compilations
New worlds enter when they have enough transaction depth to measure. Existing series are never revised in place — if we get something wrong, the correction is published as a new compilation with a note saying what changed and why.
Past compilations stay at their own URLs permanently, so a citation from two years ago still resolves to exactly what it said.