Comprehensive market data and analysis• Updated Dec 2025
8.5 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 5 | 6 | 8 |
| 1-2 acres | 1 | 4 | 5 | 7 |
| 2-5 acres | 1 | 2 | 3 | 10 |
| 5-10 acres | - | - | 11 | 22 |
| 10-20 acres | - | 6 | 12 | 17 |
| 20-50 acres | 1 | 3 | 4 | 7 |
| 50-100 acres | - | 2 | 3 | 6 |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 4 | 23 | 45 | 78 |
Acreage buckets
The median price for land in Herkimer County, New York is currently $6K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $147K.
Herkimer County, New York is currently a balanced market with 8.5 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 66.7% year-over-year.
Herkimer County, New York currently has 8.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Herkimer County, New York is 11.8% (3-month basis), indicating moderate demand. With appreciating values (+66.7% YoY), the market shows growth potential. The top-performing broker in this market is River Hills Properties LLC Lf.
Land in Herkimer County, New York typically sells within 100 days of listing. The median time on market is 35 days. Properties are moving at a moderate pace in the current balanced market.
Over the past 12 months, Herkimer County, New York saw 78 properties sold, totaling $5.8M in sales volume. In just the last 3 months, 23 properties changed hands.
Land in Herkimer County, New York averages $35K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 7.8 acres.
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.
