Comprehensive market data and analysis• Updated Dec 2025
31.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 4 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 2 | 4 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 2 | 4 | 9 |
Acreage buckets
The median price for land in Canastota, New York is currently $25K per acre. For a typical parcel, the median sale price is $31K. 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 $119K.
Canastota, New York is currently a strong buyer's market with 31.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 46.8% year-over-year.
Canastota, New York currently has 31.5 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 Canastota, New York typically sells within 87 days of listing. The median time on market is 99 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Canastota, New York averages $423K per acre. The median price per acre is $25K, which may be more representative of typical transactions. Most parcels sold are around 2.3 acres.
The current absorption rate in Canastota, New York is 3.2% (3-month basis), indicating slow demand. With appreciating values (+46.8% YoY), the market shows growth potential. The top-performing broker in this market is Hunt Real Estate ERA.
The median land price in Canastota, New York stands at $31K. This translates to roughly $25K per acre for the typical parcel size. The average price is $59K, indicating some higher-priced properties pulling up the average.
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.
