Comprehensive market data and analysis
We're showing Nevada County statistics below to give you a broader market picture. As more transactions occur in Schurz, Nevada, we'll update with specific local data.
View nearby areas with more activity:
16.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Schurz, Nevada | ||||||
The median price for land in the Nevada area 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.
the Nevada area 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.
the Nevada area 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.
Land in the Nevada area 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.
There are currently 3,841 active listings in the Nevada area. 871 new listings have hit the market in the last 90 days. The median asking price is $75K.
The current absorption rate in the Nevada area 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.
Land in the Nevada area averages $3.5M per acre. The median price per acre is $2.2M, which may be more representative of typical transactions. Most parcels sold are around 9,147 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. 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.
