Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Groveoak, Alabama is currently $20K per acre. For a typical parcel, the median sale price is $28K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $30K.
Groveoak, Alabama is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Groveoak, Alabama currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Groveoak, Alabama is 11.1% (3-month basis), indicating moderate demand.
Land in Groveoak, Alabama averages $20K per acre. The median price per acre is $20K, which may be more representative of typical transactions. Most parcels sold are around 2.2 acres.
There are currently 3 active listings in Groveoak, Alabama. 1 new listings have hit the market in the last 90 days. The median asking price is $265K.
The 3-month absorption rate in Groveoak, Alabama is 11.1%. The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
