Comprehensive market data and analysis• Updated Dec 2025
9.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 4 | 5 | 56 |
| 1-2 acres | - | 1 | 1 | 2 |
| 2-5 acres | - | 2 | 4 | 6 |
| 5-10 acres | - | - | - | 3 |
| 10-20 acres | - | - | 2 | 3 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | 3 |
| TOTAL | 2 | 7 | 12 | 76 |
Acreage buckets
The median price for land in Mercer County, New Jersey is currently $1.1M per acre. For a typical parcel, the median sale price is $675K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $56K while premium lots reached $910K.
Mercer County, New Jersey is currently a buyer's market with 9.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 38.3% year-over-year.
Mercer County, New Jersey currently has 9.7 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 42 active listings in Mercer County, New Jersey. 13 new listings have hit the market in the last 90 days. The median asking price is $340K.
Land in Mercer County, New Jersey typically sells within 110 days of listing. The median time on market is 75 days. Properties are moving at a moderate pace in the current buyer's market.
The 3-month absorption rate in Mercer County, New Jersey is 10.3%. The 12-month rate is 21.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Mercer County, New Jersey stands at $675K. This translates to roughly $1.1M per acre for the typical parcel size. The average price is $590K, showing a fairly consistent market.
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.
