Comprehensive market data and analysis• Updated Dec 2025
16.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 61 | 491 | 1,084 | 2,311 |
| 1-2 acres | 25 | 70 | 126 | 250 |
| 2-5 acres | 10 | 54 | 120 | 291 |
| 5-10 acres | 1 | 13 | 27 | 97 |
| 10-20 acres | 7 | 28 | 66 | 124 |
| 20-50 acres | 8 | 29 | 53 | 121 |
| 50-100 acres | 1 | 5 | 13 | 20 |
| 100+ acres | - | 5 | 13 | 26 |
| TOTAL | 113 | 695 | 1,502 | 3,240 |
Acreage buckets
The median price for land in Nevada is currently $2.2M per acre. For a typical parcel, the median sale price is $390K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $1.0M.
Nevada is currently a strong buyer's market with 16.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 86.2% year-over-year.
Nevada currently has 16.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Nevada is 6.1% (3-month basis), indicating slow demand. With depreciating values (-86.2% YoY), buyers may find value opportunities. The top-performing broker in this market is Lisa Bond Real Estate LLC.
The 3-month absorption rate in Nevada is 6.1%. The 12-month rate is 7.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Nevada saw 3,250 properties sold, totaling $1835.3M in sales volume. In just the last 3 months, 698 properties changed hands.
Land in Nevada typically sells within 173 days of listing. The median time on market is 93 days. Properties are moving slowly 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.
