Comprehensive market data and analysis• Updated Dec 2025
7.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 5 | 8 |
| 1-2 acres | - | 1 | 4 | 6 |
| 2-5 acres | 1 | 3 | 8 | 15 |
| 5-10 acres | 3 | 10 | 16 | 25 |
| 10-20 acres | - | 4 | 9 | 18 |
| 20-50 acres | - | 4 | 15 | 30 |
| 50-100 acres | 2 | 2 | 5 | 15 |
| 100+ acres | 2 | 4 | 5 | 7 |
| TOTAL | 8 | 30 | 67 | 124 |
Acreage buckets
The median price for land in Allegany County, New York is currently $4K per acre. For a typical parcel, the median sale price is $69K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $182K.
Allegany County, New York is currently a balanced market with 7.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 110.4% year-over-year.
Allegany County, New York currently has 7.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Allegany County, New York is 14.3% (3-month basis), indicating moderate demand. With appreciating values (+110.4% YoY), the market shows growth potential. The top-performing broker in this market is Landquest Inc..
Over the past 12 months, Allegany County, New York saw 127 properties sold, totaling $11.1M in sales volume. In just the last 3 months, 30 properties changed hands.
Land in Allegany County, New York averages $12K per acre. The median price per acre is $4K, which may be more representative of typical transactions. Most parcels sold are around 10.2 acres.
Land in Allegany County, New York typically sells within 67 days of listing. The median time on market is 38 days. Properties are moving at a moderate pace in the current balanced 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.