Comprehensive market data and analysis• Updated Dec 2025
21.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Litchfield, Connecticut is currently $37K 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 $79K while premium lots reached $258K.
Litchfield, Connecticut is currently a strong buyer's market with 21.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Litchfield, Connecticut currently has 21.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Litchfield, Connecticut stands at $155K. This translates to roughly $37K per acre for the typical parcel size. The average price is $165K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Litchfield, Connecticut saw 4 properties sold, totaling $658K in sales volume. In just the last 3 months, 1 properties changed hands.
The 3-month absorption rate in Litchfield, Connecticut is 4.8%. The 12-month rate is 4.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Litchfield, Connecticut typically sells within 105 days of listing. The median time on market is 71 days. Properties are moving at a moderate pace in the current strong buyer's market.
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.
