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Phoenix, Arizona Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
231
Sold (12M)
250
Median Price
$320K
Market Condition
Buyer's Market

Phoenix, Arizona Market Meter

Buyer'sSeller's
Buyer's Market

11.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$320K
Avg Price/Acre
$941K
Avg Days on Market
136
Months of Supply
11.0
YoY Price Change
+126.0%
New Listings (3M)
62

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres104589202561872
1-2 acres2913245176
2-5 acres478142540
5-10 acres223367
10-20 acres---166
20-50 acres---223
50-100 acres------
100+ acres---112
TOTAL18631132476521,006
📊 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 acres202 sold / 126 listed
1-2 acres24 sold / 58 listed
2-5 acres14 sold / 29 listed
5-10 acres3 sold / 14 listed
10-20 acres1 sold / 2 listed
20-50 acres2 sold / 1 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$3.8M$7.5M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$147.3M
Last 12 months
Active Listings
231
Current inventory
Avg Days on Market
136
Time to sell
Price Trend (YoY)
+126.0%
Year over year

Phoenix, Arizona Land Market Analysis

How much is land worth in Phoenix, Arizona?

The median price for land in Phoenix, Arizona is currently $941K per acre. For a typical parcel, the median sale price is $320K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $105K while premium lots reached $1.5M.

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

Phoenix, Arizona is currently a buyer's market with 11.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 126.0% year-over-year.

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

Phoenix, Arizona currently has 11.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

The 3-month absorption rate in Phoenix, Arizona is 9.1%. The 12-month rate is 9.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Phoenix, Arizona?

The median land price in Phoenix, Arizona stands at $320K. This translates to roughly $941K per acre for the typical parcel size. The average price is $589K, indicating some higher-priced properties pulling up the average.

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

Land in Phoenix, Arizona averages $1.5M per acre. The median price per acre is $941K, which may be more representative of typical transactions. Most parcels sold are around 8,034 sq ft.

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

The current absorption rate in Phoenix, Arizona is 9.1% (3-month basis), indicating moderate demand. With appreciating values (+126.0% YoY), the market shows growth potential. The top-performing broker in this market is HomeSmart.

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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