Comprehensive market data and analysis• Updated Dec 2025
28.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 12 | 24 |
| 1-2 acres | - | 1 | 4 | 7 |
| 2-5 acres | - | 2 | 2 | 3 |
| 5-10 acres | - | 1 | 2 | 4 |
| 10-20 acres | - | - | 1 | 3 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 5 | 21 | 41 |
Acreage buckets
The median price for land in Centre, Alabama is currently $33K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $11K while premium lots reached $251K.
Centre, Alabama is currently a strong buyer's market with 28.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 62.0% year-over-year.
Centre, Alabama currently has 28.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Centre, Alabama typically sells within 135 days of listing. The median time on market is 53 days. Properties are moving slowly in the current strong buyer's market.
Land in Centre, Alabama averages $679K per acre. The median price per acre is $33K, which may be more representative of typical transactions. Most parcels sold are around 37,026 sq ft.
The 3-month absorption rate in Centre, Alabama is 3.6%. The 12-month rate is 6.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 56 active listings in Centre, Alabama. 12 new listings have hit the market in the last 90 days. The median asking price is $74K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.