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New Britain, Connecticut Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
9
Sold (12M)
6
Median Price
$60K
Market Condition
Strong Buyer's Market

New Britain, Connecticut Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$60K
Avg Price/Acre
$302K
Avg Days on Market
116
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
6

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--26
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0026
📊 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 acres6 sold / 9 listed

Median Price by Acreage

$0$30K$60K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$349K
Last 12 months
Active Listings
9
Current inventory
Avg Days on Market
116
Time to sell
Price Trend (YoY)
-
Year over year

New Britain, Connecticut Land Market Analysis

How much is land worth in New Britain, Connecticut?

The median price for land in New Britain, Connecticut is currently $302K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $80K.

What is the absorption rate for land in New Britain, Connecticut?

The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

How long does it take to sell land in New Britain, Connecticut?

Land in New Britain, Connecticut typically sells within 116 days of listing. The median time on market is 54 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the median land price in New Britain, Connecticut?

The median land price in New Britain, Connecticut stands at $60K. This translates to roughly $302K per acre for the typical parcel size. The average price is $58K, showing a fairly consistent market.

What is the average price per acre in New Britain, Connecticut?

Land in New Britain, Connecticut averages $282K per acre. The median price per acre is $302K, which may be more representative of typical transactions. Most parcels sold are around 8,712 sq ft.

What is the total amount sold in New Britain, Connecticut last year?

Over the past 12 months, New Britain, Connecticut saw 6 properties sold, totaling $349K in sales volume.

Is now a good time to invest in land in New Britain, Connecticut?

The top-performing broker in this market is Oxford Realty.

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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