Comprehensive market data and analysis• Updated Dec 2025
18.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 15 | 65 | 152 |
| 1-2 acres | 1 | 6 | 17 | 29 |
| 2-5 acres | 5 | 10 | 22 | 37 |
| 5-10 acres | 2 | 6 | 10 | 29 |
| 10-20 acres | 3 | 9 | 19 | 27 |
| 20-50 acres | - | 2 | 8 | 13 |
| 50-100 acres | - | - | 2 | 5 |
| 100+ acres | - | - | - | - |
| TOTAL | 13 | 48 | 143 | 292 |
Acreage buckets
The median price for land in Erie County, New York is currently $59K per acre. For a typical parcel, the median sale price is $75K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $250K.
Erie County, New York is currently a strong buyer's market with 18.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 133.3% year-over-year.
Erie County, New York currently has 18.8 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 Erie County, New York typically sells within 102 days of listing. The median time on market is 61 days. Properties are moving at a moderate pace in the current strong buyer's market.
The median land price in Erie County, New York stands at $75K. This translates to roughly $59K per acre for the typical parcel size. The average price is $116K, indicating some higher-priced properties pulling up the average.
Land in Erie County, New York averages $170K per acre. The median price per acre is $59K, which may be more representative of typical transactions. Most parcels sold are around 40,946 sq ft.
The current absorption rate in Erie County, New York is 5.3% (3-month basis), indicating slow demand. With appreciating values (+133.3% YoY), the market shows growth potential. The top-performing broker in this market is Howard Hanna WNY Inc..
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.