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USAArizonaHereford

Hereford, Arizona Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
121
Sold (12M)
56
Median Price
$43K
Market Condition
Strong Buyer's Market

Hereford, Arizona Market Meter

Buyer'sSeller's
Strong Buyer's Market

45.4 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$43K
Avg Price/Acre
$9K
Avg Days on Market
233
Months of Supply
45.4
YoY Price Change
-33.3%
New Listings (3M)
28

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres--14816
1-2 acres--161113
2-5 acres2514275591
5-10 acres124122436
10-20 acres-133820
20-50 acres--23811
50-100 acres---135
100+ acres------
TOTAL382556117192
📊 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
0-1 acres4 sold / 7 listed
1-2 acres6 sold / 16 listed
2-5 acres27 sold / 52 listed
5-10 acres12 sold / 27 listed
10-20 acres3 sold / 9 listed
20-50 acres3 sold / 7 listed
50-100 acres1 sold / 2 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$83K$165K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.3M
Last 12 months
Active Listings
121
Current inventory
Avg Days on Market
233
Time to sell
Price Trend (YoY)
-33.3%
Year over year

Hereford, Arizona Land Market Analysis

How much is land worth in Hereford, Arizona?

The median price for land in Hereford, Arizona is currently $9K per acre. For a typical parcel, the median sale price is $43K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $27K while premium lots reached $115K.

Is now a good time to buy land in Hereford, Arizona?

Hereford, Arizona is currently a strong buyer's market with 45.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 33.3% year-over-year.

What is the months of supply for land in Hereford, Arizona?

Hereford, Arizona currently has 45.4 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Hereford, Arizona?

The 3-month absorption rate in Hereford, Arizona is 2.2%. The 12-month rate is 3.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Hereford, Arizona?

The current absorption rate in Hereford, Arizona is 2.2% (3-month basis), indicating slow demand. With depreciating values (-33.3% YoY), buyers may find value opportunities. The top-performing broker in this market is Tierra Antigua Realty, LLC.

What is the average price per acre in Hereford, Arizona?

Land in Hereford, Arizona averages $16K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 4.1 acres.

What is the median land price in Hereford, Arizona?

The median land price in Hereford, Arizona stands at $43K. This translates to roughly $9K per acre for the typical parcel size. The average price is $58K, indicating some higher-priced properties pulling up the average.

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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