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Gillette, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
6
Median Price
$430K
Market Condition
Very Hot Seller's Market

Gillette, 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
$430K
Avg Price/Acre
$510K
Avg Days on Market
101
Months of Supply
1.5
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-114
1-2 acres--11
2-5 acres-111
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0236
📊 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 acres4 sold / 1 listed
1-2 acres1 sold / 0 listed
2-5 acres1 sold / 0 listed

Median Price by Acreage

$0$245K$490K
0- 1
1- 2
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.1M
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
101
Time to sell
Price Trend (YoY)
-
Year over year

Gillette, New Jersey Land Market Analysis

How much is land worth in Gillette, New Jersey?

The median price for land in Gillette, New Jersey is currently $510K per acre. For a typical parcel, the median sale price is $430K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $275K while premium lots reached $845K.

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

Gillette, 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 Gillette, New Jersey?

Gillette, 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 Gillette, New Jersey?

The 3-month absorption rate in Gillette, New Jersey is 66.7%. The 12-month rate is 50.0%. 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 Gillette, New Jersey last year?

Over the past 12 months, Gillette, New Jersey saw 6 properties sold, totaling $3.1M in sales volume. In just the last 3 months, 2 properties changed hands.

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

Land in Gillette, New Jersey averages $1.1M per acre. The median price per acre is $510K, which may be more representative of typical transactions. Most parcels sold are around 27,661 sq ft.

What is the total land for sale in Gillette, New Jersey?

There are currently 1 active listings in Gillette, New Jersey. 1 new listings have hit the market in the last 90 days. The median asking price is $350K.

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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