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Somerville, Alabama Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
8
Sold (12M)
15
Median Price
$55K
Market Condition
Balanced Market

Somerville, Alabama Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$55K
Avg Price/Acre
$11K
Avg Days on Market
209
Months of Supply
6.0
YoY Price Change
+252.1%
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres------
1-2 acres---1912
2-5 acres-1441617
5-10 acres--1178
10-20 acres--1269
20-50 acres122477
50-100 acres--1123
100+ acres-11144
TOTAL1410145160
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
1-2 acres1 sold / 2 listed
2-5 acres4 sold / 0 listed
5-10 acres1 sold / 1 listed
10-20 acres2 sold / 0 listed
20-50 acres4 sold / 5 listed
50-100 acres1 sold / 0 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$750K$1.5M
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.6M
Last 12 months
Active Listings
8
Current inventory
Avg Days on Market
209
Time to sell
Price Trend (YoY)
+252.1%
Year over year

Somerville, Alabama Land Market Analysis

How much is land worth in Somerville, Alabama?

The median price for land in Somerville, Alabama is currently $11K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $429K.

Is now a good time to buy land in Somerville, Alabama?

Somerville, Alabama is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 252.1% year-over-year.

What is the months of supply for land in Somerville, Alabama?

Somerville, Alabama currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

How long does it take to sell land in Somerville, Alabama?

Land in Somerville, Alabama typically sells within 209 days of listing. The median time on market is 166 days. Properties are moving slowly in the current balanced market.

What is the average price per acre in Somerville, Alabama?

Land in Somerville, Alabama averages $11K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 17.0 acres.

Is now a good time to invest in land in Somerville, Alabama?

The current absorption rate in Somerville, Alabama is 16.7% (3-month basis), indicating strong demand. With appreciating values (+252.1% YoY), the market shows growth potential.

What is the total land for sale in Somerville, Alabama?

There are currently 8 active listings in Somerville, Alabama. 2 new listings have hit the market in the last 90 days. The median asking price is $212K.

Data Sources & Accuracy

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.

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Alabama Counties

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Other Cities in Morgan County

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