Comprehensive market data and analysis• Updated Dec 2025
We're showing New York County statistics below to give you a broader market picture. As more transactions occur in Island Park, New York, we'll update with specific local data.
View nearby areas with more activity:
13.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Island Park, New York | ||||||
The median price for land in the New York area is currently $18K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $500K.
the New York area is currently a strong buyer's market with 13.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 40.0% year-over-year.
the New York area currently has 13.3 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 the New York area is 7.5%. The 12-month rate is 7.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, the New York area saw 5,603 properties sold, totaling $1445.3M in sales volume. In just the last 3 months, 1,359 properties changed hands.
The current absorption rate in the New York area is 7.5% (3-month basis), indicating slow demand. With appreciating values (+40.0% YoY), the market shows growth potential. The top-performing broker in this market is Howard Hanna.
Land in the New York area averages $5.1M per acre. The median price per acre is $18K, which may be more representative of typical transactions. Most parcels sold are around 3.6 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.
