Landydandy logo

West Orange, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
3
Sold (12M)
5
Median Price
$281K
Market Condition
Buyer's Market

West Orange, New Jersey Market Meter

Buyer'sSeller's
Buyer's Market

9.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$281K
Avg Price/Acre
$331K
Avg Days on Market
121
Months of Supply
9.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--23
1-2 acres----
2-5 acres---1
5-10 acres-111
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0135
📊 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 acres1 sold / 0 listed
5-10 acres1 sold / 1 listed

Median Price by Acreage

$0$220K$440K
0- 1
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.5M
Last 12 months
Active Listings
3
Current inventory
Avg Days on Market
121
Time to sell
Price Trend (YoY)
-
Year over year

West Orange, New Jersey Land Market Analysis

How much is land worth in West Orange, New Jersey?

The median price for land in West Orange, New Jersey is currently $331K per acre. For a typical parcel, the median sale price is $281K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $130K while premium lots reached $455K.

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

West Orange, New Jersey is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in West Orange, New Jersey?

West Orange, New Jersey currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

The current absorption rate in West Orange, New Jersey is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Bhhs Jordan Baris Realty.

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

The 3-month absorption rate in West Orange, New Jersey is 11.1%. The 12-month rate is 13.9%. 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 West Orange, New Jersey?

The median land price in West Orange, New Jersey stands at $281K. This translates to roughly $331K per acre for the typical parcel size. The average price is $291K, indicating some higher-priced properties pulling up the average.

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

Land in West Orange, New Jersey averages $654K per acre. The median price per acre is $331K, which may be more representative of typical transactions. Most parcels sold are around 37,026 sq ft.

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.

Explore More Land Market Statistics

All States

New Jersey Counties

Other Cities in Essex County