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Allegany, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
20
Sold (12M)
4
Median Price
$34K
Market Condition
Strong Buyer's Market

Allegany, New York 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
$34K
Avg Price/Acre
$19K
Avg Days on Market
172
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---2
1-2 acres----
2-5 acres---1
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0004
📊 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 acres2 sold / 13 listed
1-2 acres0 sold / 3 listed
2-5 acres1 sold / 4 listed
5-10 acres1 sold / 0 listed

Median Price by Acreage

$0$22K$45K
0- 1
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$129K
Last 12 months
Active Listings
20
Current inventory
Avg Days on Market
172
Time to sell
Price Trend (YoY)
-
Year over year

Allegany, New York Land Market Analysis

How much is land worth in Allegany, New York?

The median price for land in Allegany, New York is currently $19K per acre. For a typical parcel, the median sale price is $34K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $52K.

What is the total amount sold in Allegany, New York last year?

Over the past 12 months, Allegany, New York saw 4 properties sold, totaling $129K in sales volume.

What is the total land for sale in Allegany, New York?

There are currently 20 active listings in Allegany, New York. 1 new listings have hit the market in the last 90 days. The median asking price is $75K.

How long does it take to sell land in Allegany, New York?

Land in Allegany, New York typically sells within 172 days of listing. The median time on market is 172 days. Properties are moving slowly in the current strong buyer's market.

Is now a good time to invest in land in Allegany, New York?

The top-performing broker in this market is Landquest Inc..

What is the median land price in Allegany, New York?

The median land price in Allegany, New York stands at $34K. This translates to roughly $19K per acre for the typical parcel size. The average price is $32K, showing a fairly consistent market.

What is the absorption rate for land in Allegany, New York?

The 12-month rate is 1.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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