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Franklin Park, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
3
Median Price
$415K
Market Condition
Very Hot Seller's Market

Franklin Park, New Jersey Market Meter

Buyer'sSeller's
Very Hot Seller's Market

1.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$415K
Avg Price/Acre
$14K
Avg Days on Market
-
Months of Supply
1.5
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres-111
20-50 acres-112
50-100 acres----
100+ acres----
TOTAL0223
📊 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
10-20 acres1 sold / 1 listed
20-50 acres2 sold / 0 listed

Median Price by Acreage

$0$225K$450K
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.1M
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year

Franklin Park, New Jersey Land Market Analysis

How much is land worth in Franklin Park, New Jersey?

The median price for land in Franklin Park, New Jersey is currently $14K per acre. For a typical parcel, the median sale price is $415K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $279K while premium lots reached $471K.

Is now a good time to buy land in Franklin Park, New Jersey?

Franklin Park, New Jersey is currently a very hot seller's market with 1.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Franklin Park, New Jersey?

Franklin Park, New Jersey currently has 1.5 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

What is the absorption rate for land in Franklin Park, New Jersey?

The 3-month absorption rate in Franklin Park, New Jersey is 66.7%. The 12-month rate is 25.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Franklin Park, New Jersey?

The median land price in Franklin Park, New Jersey stands at $415K. This translates to roughly $14K per acre for the typical parcel size. The average price is $382K, showing a fairly consistent market.

What is the average price per acre in Franklin Park, New Jersey?

Land in Franklin Park, New Jersey averages $15K per acre. The median price per acre is $14K, which may be more representative of typical transactions. Most parcels sold are around 24.5 acres.

What is the total amount sold in Franklin Park, New Jersey last year?

Over the past 12 months, Franklin Park, New Jersey saw 3 properties sold, totaling $1.1M in sales volume. In just the last 3 months, 2 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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