Comprehensive market data and analysis• Updated Dec 2025
36.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 5 | 7 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 2 | 4 |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | - | 1 | 1 | 3 |
| TOTAL | 0 | 5 | 10 | 19 |
Acreage buckets
The median price for land in Wells, Nevada is currently $5K per acre. For a typical parcel, the median sale price is $47K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $106K.
Wells, Nevada is currently a strong buyer's market with 36.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Wells, Nevada currently has 36.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Wells, Nevada is 2.8%. The 12-month rate is 2.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Wells, Nevada typically sells within 217 days of listing. The median time on market is 167 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Wells, Nevada is 2.8% (3-month basis), indicating slow demand.
Over the past 12 months, Wells, Nevada saw 19 properties sold, totaling $1.4M in sales volume. In just the last 3 months, 5 properties changed hands.
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.