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Hopewell, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
4
Sold (12M)
5
Median Price
$230K
Market Condition
Strong Buyer's Market

Hopewell, New Jersey Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$230K
Avg Price/Acre
$100K
Avg Days on Market
119
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---3
1-2 acres----
2-5 acres--12
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0015
📊 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 acres3 sold / 1 listed
1-2 acres0 sold / 1 listed
2-5 acres2 sold / 0 listed
10-20 acres0 sold / 2 listed

Median Price by Acreage

$0$175K$350K
0- 1
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.1M
Last 12 months
Active Listings
4
Current inventory
Avg Days on Market
119
Time to sell
Price Trend (YoY)
-
Year over year

Hopewell, New Jersey Land Market Analysis

How much is land worth in Hopewell, New Jersey?

The median price for land in Hopewell, New Jersey is currently $100K per acre. For a typical parcel, the median sale price is $230K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $62K while premium lots reached $351K.

What is the median land price in Hopewell, New Jersey?

The median land price in Hopewell, New Jersey stands at $230K. This translates to roughly $100K per acre for the typical parcel size. The average price is $217K, showing a fairly consistent market.

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

Land in Hopewell, New Jersey averages $269K per acre. The median price per acre is $100K, which may be more representative of typical transactions. Most parcels sold are around 25,801 sq ft.

How long does it take to sell land in Hopewell, New Jersey?

Land in Hopewell, New Jersey typically sells within 119 days of listing. The median time on market is 119 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

Over the past 12 months, Hopewell, New Jersey saw 5 properties sold, totaling $1.1M in sales volume.

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

The 12-month rate is 10.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Hopewell, New Jersey?

The top-performing broker in this market is Callaway Henderson Sotheby's Int'l-Princeton.

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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