Comprehensive market data and analysis• Updated Dec 2025
14.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 3 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 2 | 2 | 3 |
| 5-10 acres | - | - | - | 6 |
| 10-20 acres | 2 | 2 | 2 | 3 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 6 | 9 | 19 |
Acreage buckets
The median price for land in Ely, Nevada is currently $10K per acre. For a typical parcel, the median sale price is $31K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $92K.
Ely, Nevada is currently a strong buyer's market with 14.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 10.0% year-over-year.
Ely, Nevada currently has 14.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Ely, Nevada is 6.9%. The 12-month rate is 5.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Ely, Nevada saw 19 properties sold, totaling $999K in sales volume. In just the last 3 months, 6 properties changed hands.
The median land price in Ely, Nevada stands at $31K. This translates to roughly $10K per acre for the typical parcel size. The average price is $53K, indicating some higher-priced properties pulling up the average.
Land in Ely, Nevada typically sells within 252 days of listing. The median time on market is 138 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.
