Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 4 | 6 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 4 | 9 |
Acreage buckets
The median price for land in Grand Island, New York is currently $64K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $24K while premium lots reached $227K.
Grand Island, New York is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Grand Island, New York currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Grand Island, New York is 6.7%. The 12-month rate is 15.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Grand Island, New York averages $100K per acre. The median price per acre is $64K, which may be more representative of typical transactions. Most parcels sold are around 24,394 sq ft.
There are currently 5 active listings in Grand Island, New York. 3 new listings have hit the market in the last 90 days. The median asking price is $198K.
The median land price in Grand Island, New York stands at $55K. This translates to roughly $64K per acre for the typical parcel size. The average price is $110K, 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.
