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Washoe County, Nevada Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
360
Sold (12M)
260
Median Price
$173K
Market Condition
Strong Buyer's Market

Washoe County, Nevada Market Meter

Buyer'sSeller's
Strong Buyer's Market

21.2 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$173K
Avg Price/Acre
$44K
Avg Days on Market
148
Months of Supply
21.2
YoY Price Change
-61.9%
New Listings (3M)
67

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres2163766
1-2 acres282351
2-5 acres151131
5-10 acres---7
10-20 acres282650
20-50 acres6101738
50-100 acres-2710
100+ acres-247
TOTAL1351125260
📊 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 acres66 sold / 61 listed
1-2 acres51 sold / 78 listed
2-5 acres31 sold / 37 listed
5-10 acres7 sold / 24 listed
10-20 acres50 sold / 52 listed
20-50 acres38 sold / 61 listed
50-100 acres10 sold / 23 listed
100+ acres7 sold / 24 listed

Median Price by Acreage

$0$170K$340K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$83.5M
Last 12 months
Active Listings
360
Current inventory
Avg Days on Market
148
Time to sell
Price Trend (YoY)
-61.9%
Year over year

Washoe County, Nevada Land Market Analysis

How much is land worth in Washoe County, Nevada?

The median price for land in Washoe County, Nevada is currently $44K per acre. For a typical parcel, the median sale price is $173K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $578K.

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

Washoe County, Nevada is currently a strong buyer's market with 21.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 61.9% year-over-year.

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

Washoe County, Nevada currently has 21.2 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 absorption rate for land in Washoe County, Nevada?

The 3-month absorption rate in Washoe County, Nevada is 4.7%. The 12-month rate is 6.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, Washoe County, Nevada saw 260 properties sold, totaling $83.5M in sales volume. In just the last 3 months, 51 properties changed hands.

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

The current absorption rate in Washoe County, Nevada is 4.7% (3-month basis), indicating slow demand. With depreciating values (-61.9% YoY), buyers may find value opportunities. The top-performing broker in this market is Chase International-Damonte.

What is the average price per acre in Washoe County, Nevada?

Land in Washoe County, Nevada averages $350K per acre. The median price per acre is $44K, which may be more representative of typical transactions. Most parcels sold are around 2.6 acres.

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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