Comprehensive market data and analysis• Updated Dec 2025
11.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 3 | 3 | 5 |
| 1-2 acres | - | - | 1 | 5 |
| 2-5 acres | - | - | 2 | 8 |
| 5-10 acres | - | - | 1 | 5 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | 1 | 2 | 3 | 4 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 3 | 5 | 11 | 31 |
Acreage buckets
The median price for land in New Market, Alabama is currently $27K per acre. For a typical parcel, the median sale price is $155K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $424K.
New Market, Alabama is currently a buyer's market with 11.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 880.9% year-over-year.
New Market, Alabama currently has 11.4 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 19 active listings in New Market, Alabama. 5 new listings have hit the market in the last 90 days. The median asking price is $250K.
The current absorption rate in New Market, Alabama is 8.8% (3-month basis), indicating moderate demand. With appreciating values (+880.9% YoY), the market shows growth potential.
Land in New Market, Alabama typically sells within 102 days of listing. The median time on market is 54 days. Properties are moving at a moderate pace in the current buyer's market.
The 3-month absorption rate in New Market, Alabama is 8.8%. The 12-month rate is 16.2%. 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.