Comprehensive market data and analysis• Updated Dec 2025
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Memphis, New York is currently $46K per acre. For a typical parcel, the median sale price is $66K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $58K while premium lots reached $74K.
Over the past 12 months, Memphis, New York saw 2 properties sold, totaling $132K in sales volume.
The median land price in Memphis, New York stands at $66K. This translates to roughly $46K per acre for the typical parcel size.
Land in Memphis, New York averages $46K per acre. The median price per acre is $46K, which may be more representative of typical transactions. Most parcels sold are around 1.9 acres.
The top-performing broker in this market is Inquire Realty.
The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
