Comprehensive market data and analysis
We're showing Nevada County statistics below to give you a broader market picture. As more transactions occur in Empire, Nevada, we'll update with specific local data.
View nearby areas with more activity:
9.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Empire, Nevada | ||||||
The median price for land in the Nevada area is currently $964K per acre. For a typical parcel, the median sale price is $360K. 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 $940K.
the Nevada area is currently a buyer's market with 9.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 12.4% year-over-year.
the Nevada area currently has 9.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in the Nevada area is 10.5% (3-month basis), indicating moderate demand. With depreciating values (-12.4% YoY), buyers may find value opportunities. The top-performing broker in this market is Lisa Bond Real Estate LLC.
Land in the Nevada area typically sells within 183 days of listing. The median time on market is 99 days. Properties are moving slowly in the current buyer's market.
There are currently 3,969 active listings in the Nevada area. 1,171 new listings have hit the market in the last 90 days. The median asking price is $85K.
Land in the Nevada area averages $3.4M per acre. The median price per acre is $964K, which may be more representative of typical transactions. Most parcels sold are around 11,108 sq ft.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Empire on LandyDandy.
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