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Hopewell Junction, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
19
Sold (12M)
6
Median Price
$110K
Market Condition
Strong Buyer's Market

Hopewell Junction, New York Market Meter

Buyer'sSeller's
Strong Buyer's Market

28.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$110K
Avg Price/Acre
$31K
Avg Days on Market
297
Months of Supply
28.5
YoY Price Change
-
New Listings (3M)
4

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-111
1-2 acres1112
2-5 acres---1
5-10 acres----
10-20 acres---1
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL1226
📊 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 acres1 sold / 2 listed
1-2 acres2 sold / 4 listed
2-5 acres1 sold / 0 listed
5-10 acres0 sold / 1 listed
10-20 acres1 sold / 0 listed
20-50 acres1 sold / 0 listed
100+ acres0 sold / 2 listed

Median Price by Acreage

$0$271K$543K
0- 1
1- 2
2- 5
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$830K
Last 12 months
Active Listings
19
Current inventory
Avg Days on Market
297
Time to sell
Price Trend (YoY)
-
Year over year

Hopewell Junction, New York Land Market Analysis

How much is land worth in Hopewell Junction, New York?

The median price for land in Hopewell Junction, New York is currently $31K per acre. For a typical parcel, the median sale price is $110K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $275K.

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

Hopewell Junction, New York is currently a strong buyer's market with 28.5 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Hopewell Junction, New York currently has 28.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

The current absorption rate in Hopewell Junction, New York is 3.5% (3-month basis), indicating slow demand. The top-performing broker in this market is eXp Realty.

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

Land in Hopewell Junction, New York typically sells within 297 days of listing. The median time on market is 124 days. Properties are moving slowly in the current strong buyer's market.

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

Over the past 12 months, Hopewell Junction, New York saw 6 properties sold, totaling $830K in sales volume. In just the last 3 months, 2 properties changed hands.

What is the average price per acre in Hopewell Junction, New York?

Land in Hopewell Junction, New York averages $44K per acre. The median price per acre is $31K, which may be more representative of typical transactions. Most parcels sold are around 2.1 acres.

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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