Comprehensive market data and analysis
We're showing Arizona County statistics below to give you a broader market picture. As more transactions occur in Many Farms, Arizona, we'll update with specific local data.
View nearby areas with more activity:
11.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Many Farms, Arizona | ||||||
The median price for land in the Arizona area is currently $160K per acre. For a typical parcel, the median sale price is $138K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $740K.
the Arizona area is currently a buyer's market with 11.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 28.6% year-over-year.
the Arizona area currently has 11.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in the Arizona area typically sells within 140 days of listing. The median time on market is 75 days. Properties are moving slowly in the current buyer's market.
The current absorption rate in the Arizona area is 8.7% (3-month basis), indicating moderate demand. With depreciating values (-28.6% YoY), buyers may find value opportunities. The top-performing broker in this market is eXp Realty.
Land in the Arizona area averages $1.3M per acre. The median price per acre is $160K, which may be more representative of typical transactions. Most parcels sold are around 26,136 sq ft.
There are currently 13,129 active listings in the Arizona area. 3,145 new listings have hit the market in the last 90 days. The median asking price is $87K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Many Farms on LandyDandy.
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