Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 4 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 3 | 9 |
Acreage buckets
The median price for land in Elma, New York is currently $77K per acre. For a typical parcel, the median sale price is $118K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $93K while premium lots reached $185K.
Elma, New York 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.
Elma, New York currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Elma, New York typically sells within 22 days of listing. The median time on market is 17 days. Properties are moving quickly in the current buyer's market.
There are currently 3 active listings in Elma, New York. The median asking price is $300K.
The current absorption rate in Elma, New York is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is HUNT Real Estate Corporation.
Over the past 12 months, Elma, New York saw 9 properties sold, totaling $1.1M in sales volume. In just the last 3 months, 1 properties changed hands.
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.
