Comprehensive market data and analysis• Updated Oct 2026
4.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 8 | 15 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 8 | 19 |
Acreage buckets
The median price for land in Far Hills, New Jersey is currently $19.7M per acre. For a typical parcel, the median sale price is $1.2M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $963K while premium lots reached $1.6M.
Far Hills, New Jersey is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Far Hills, New Jersey currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Far Hills, New Jersey saw 20 properties sold, totaling $27.0M in sales volume. In just the last 3 months, 2 properties changed hands.
The 3-month absorption rate in Far Hills, New Jersey is 22.2%. The 12-month rate is 55.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Far Hills, New Jersey is 22.2% (3-month basis), indicating strong demand. The top-performing broker in this market is Turpin Real Estate, Inc..
Land in Far Hills, New Jersey averages $16.6M per acre. The median price per acre is $19.7M, which may be more representative of typical transactions. Most parcels sold are around 2,613 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 Far Hills on LandyDandy.
Browse land in Far Hills →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
