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Montello, Nevada Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
43
Sold (12M)
29
Median Price
$8K
Market Condition
Strong Buyer's Market

Montello, Nevada Market Meter

Buyer'sSeller's
Strong Buyer's Market

32.2 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$8K
Avg Price/Acre
$873
Avg Days on Market
149
Months of Supply
32.2
YoY Price Change
+21.1%
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres--1889
1-2 acres------
2-5 acres----14
5-10 acres-11134
10-20 acres-26101621
20-50 acres--181718
50-100 acres111222
100+ acres----11
TOTAL1410294859
📊 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 acres8 sold / 0 listed
2-5 acres0 sold / 5 listed
5-10 acres1 sold / 2 listed
10-20 acres10 sold / 21 listed
20-50 acres8 sold / 13 listed
50-100 acres2 sold / 1 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$13K$26K
0- 1
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$322K
Last 12 months
Active Listings
43
Current inventory
Avg Days on Market
149
Time to sell
Price Trend (YoY)
+21.1%
Year over year

Montello, Nevada Land Market Analysis

How much is land worth in Montello, Nevada?

The median price for land in Montello, Nevada is currently $873 per acre. For a typical parcel, the median sale price is $8K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $2K while premium lots reached $29K.

Is now a good time to buy land in Montello, Nevada?

Montello, Nevada is currently a strong buyer's market with 32.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 21.1% year-over-year.

What is the months of supply for land in Montello, Nevada?

Montello, Nevada currently has 32.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total land for sale in Montello, Nevada?

There are currently 43 active listings in Montello, Nevada. 3 new listings have hit the market in the last 90 days. The median asking price is $11K.

Is now a good time to invest in land in Montello, Nevada?

The current absorption rate in Montello, Nevada is 3.1% (3-month basis), indicating slow demand. With appreciating values (+21.1% YoY), the market shows growth potential. The top-performing broker in this market is Cowboy Country Realty.

How long does it take to sell land in Montello, Nevada?

Land in Montello, Nevada typically sells within 149 days of listing. The median time on market is 137 days. Properties are moving slowly in the current strong buyer's market.

What is the total amount sold in Montello, Nevada last year?

Over the past 12 months, Montello, Nevada saw 29 properties sold, totaling $322K in sales volume. In just the last 3 months, 4 properties changed hands.

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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