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Norfolk, Massachusetts Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
1
Median Price
$249K
Market Condition
Seller's Market

Norfolk, Massachusetts Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$249K
Avg Price/Acre
$168K
Avg Days on Market
216
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres-111
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0111
📊 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 acres0 sold / 1 listed
1-2 acres1 sold / 0 listed

Median Price by Acreage

$0$125K$249K
1- 2

Acreage buckets

Key Market Indicators

Total Sales Volume
$249K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
216
Time to sell
Price Trend (YoY)
-
Year over year

Norfolk, Massachusetts Land Market Analysis

How much is land worth in Norfolk, Massachusetts?

The median price for land in Norfolk, Massachusetts is currently $168K per acre. For a typical parcel, the median sale price is $249K. Recently, the cheapest land sold for $249K while premium lots reached $249K.

Is now a good time to buy land in Norfolk, Massachusetts?

Norfolk, Massachusetts is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Norfolk, Massachusetts?

Norfolk, Massachusetts currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the average price per acre in Norfolk, Massachusetts?

Land in Norfolk, Massachusetts averages $168K per acre. The median price per acre is $168K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.

What is the absorption rate for land in Norfolk, Massachusetts?

The 3-month absorption rate in Norfolk, Massachusetts is 33.3%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Norfolk, Massachusetts?

There are currently 1 active listings in Norfolk, Massachusetts. 1 new listings have hit the market in the last 90 days. The median asking price is $135K.

How long does it take to sell land in Norfolk, Massachusetts?

Land in Norfolk, Massachusetts typically sells within 216 days of listing. The median time on market is 216 days. Properties are moving slowly in the current 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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