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North Grosvenordale, Connecticut Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
5
Median Price
$88K
Market Condition
Very Hot Seller's Market

North Grosvenordale, Connecticut Market Meter

Buyer'sSeller's
Very Hot Seller's Market

1.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$88K
Avg Price/Acre
$35K
Avg Days on Market
14
Months of Supply
1.5
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres--12
2-5 acres-112
5-10 acres----
10-20 acres1111
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1235
📊 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
1-2 acres2 sold / 0 listed
2-5 acres2 sold / 1 listed
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$150K$300K
1- 2
2- 5
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$627K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
14
Time to sell
Price Trend (YoY)
-
Year over year

North Grosvenordale, Connecticut Land Market Analysis

How much is land worth in North Grosvenordale, Connecticut?

The median price for land in North Grosvenordale, Connecticut is currently $35K per acre. For a typical parcel, the median sale price is $88K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $74K while premium lots reached $216K.

Is now a good time to buy land in North Grosvenordale, Connecticut?

North Grosvenordale, Connecticut is currently a very hot seller's market with 1.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in North Grosvenordale, Connecticut?

North Grosvenordale, Connecticut currently has 1.5 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

What is the average price per acre in North Grosvenordale, Connecticut?

Land in North Grosvenordale, Connecticut averages $36K per acre. The median price per acre is $35K, which may be more representative of typical transactions. Most parcels sold are around 2.0 acres.

What is the median land price in North Grosvenordale, Connecticut?

The median land price in North Grosvenordale, Connecticut stands at $88K. This translates to roughly $35K per acre for the typical parcel size. The average price is $125K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in North Grosvenordale, Connecticut?

The 3-month absorption rate in North Grosvenordale, Connecticut is 66.7%. The 12-month rate is 41.7%. 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 North Grosvenordale, Connecticut?

Land in North Grosvenordale, Connecticut typically sells within 14 days of listing. The median time on market is 13 days. Properties are moving quickly in the current very hot seller's market.

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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