Comprehensive market data and analysis• Updated Dec 2025
19.1 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 5 | 11 | 23 | 59 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 11 | 23 | 59 |
Acreage buckets
The median price for land in Brooklyn, New York is currently $11.3M per acre. For a typical parcel, the median sale price is $700K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $100K while premium lots reached $3.7M.
Brooklyn, New York is currently a strong buyer's market with 19.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 9.5% year-over-year.
Brooklyn, New York currently has 19.1 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Brooklyn, New York averages $17.0M per acre. The median price per acre is $11.3M, which may be more representative of typical transactions. Most parcels sold are around 2,562 sq ft.
The 3-month absorption rate in Brooklyn, New York is 5.2%. The 12-month rate is 7.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Brooklyn, New York is 5.2% (3-month basis), indicating slow demand. With depreciating values (-9.5% YoY), buyers may find value opportunities. The top-performing broker in this market is Renaissance Realty Cons Group.
Land in Brooklyn, New York typically sells within 150 days of listing. The median time on market is 123 days. Properties are moving slowly in the current strong buyer's 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.
