Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 6 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 3 | 8 |
Acreage buckets
The median price for land in Wayne, New Jersey is currently $524K per acre. For a typical parcel, the median sale price is $353K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $765K.
The median land price in Wayne, New Jersey stands at $353K. This translates to roughly $524K per acre for the typical parcel size. The average price is $385K, indicating some higher-priced properties pulling up the average.
Land in Wayne, New Jersey typically sells within 36 days of listing. The median time on market is 36 days. Properties are moving quickly in the current strong buyer's market.
Over the past 12 months, Wayne, New Jersey saw 8 properties sold, totaling $3.1M in sales volume.
The 12-month rate is 13.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The top-performing broker in this market is Modern Realty Group.
Land in Wayne, New Jersey averages $488K per acre. The median price per acre is $524K, which may be more representative of typical transactions. Most parcels sold are around 25,243 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. 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.
