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Gloversville, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
16
Sold (12M)
10
Median Price
$38K
Market Condition
Balanced Market

Gloversville, New York Market Meter

Buyer'sSeller's
Balanced Market

8.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$38K
Avg Price/Acre
$7K
Avg Days on Market
103
Months of Supply
8.0
YoY Price Change
-29.1%
New Listings (3M)
9

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres-222714
1-2 acres----39
2-5 acres-124711
5-10 acres-11113
10-20 acres-11148
20-50 acres---124
50-100 acres------
100+ acres111111
TOTAL167102550
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres2 sold / 3 listed
1-2 acres0 sold / 2 listed
2-5 acres4 sold / 1 listed
5-10 acres1 sold / 2 listed
10-20 acres1 sold / 1 listed
20-50 acres1 sold / 4 listed
50-100 acres0 sold / 3 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$98K$195K
0- 1
2- 5
5- 10
10- 20
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$672K
Last 12 months
Active Listings
16
Current inventory
Avg Days on Market
103
Time to sell
Price Trend (YoY)
-29.1%
Year over year

Gloversville, New York Land Market Analysis

How much is land worth in Gloversville, New York?

The median price for land in Gloversville, New York is currently $7K per acre. For a typical parcel, the median sale price is $38K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $164K.

Is now a good time to buy land in Gloversville, New York?

Gloversville, New York is currently a balanced market with 8.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 29.1% year-over-year.

What is the months of supply for land in Gloversville, New York?

Gloversville, New York currently has 8.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the total amount sold in Gloversville, New York last year?

Over the past 12 months, Gloversville, New York saw 10 properties sold, totaling $672K in sales volume. In just the last 3 months, 6 properties changed hands.

Is now a good time to invest in land in Gloversville, New York?

The current absorption rate in Gloversville, New York is 12.5% (3-month basis), indicating moderate demand. With depreciating values (-29.1% YoY), buyers may find value opportunities. The top-performing broker in this market is Howard Hanna Capital Inc.

What is the median land price in Gloversville, New York?

The median land price in Gloversville, New York stands at $38K. This translates to roughly $7K per acre for the typical parcel size. The average price is $67K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Gloversville, New York?

Land in Gloversville, New York typically sells within 103 days of listing. The median time on market is 100 days. Properties are moving at a moderate pace in the current balanced market.

Data Sources & Accuracy

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.

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