Comprehensive market data and analysis• Updated Oct 2026
7.3 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 7 | 17 |
| 1-2 acres | - | 3 | 4 | 4 |
| 2-5 acres | - | 8 | 9 | 16 |
| 5-10 acres | 2 | 7 | 16 | 28 |
| 10-20 acres | 3 | 9 | 17 | 26 |
| 20-50 acres | 2 | 8 | 8 | 16 |
| 50-100 acres | 1 | 5 | 7 | 11 |
| 100+ acres | 1 | 1 | 4 | 5 |
| TOTAL | 9 | 44 | 72 | 123 |
Acreage buckets
The median price for land in Otsego County, New York is currently $5K 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 $18K while premium lots reached $172K.
Otsego County, New York is currently a balanced market with 7.3 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 23.7% year-over-year.
Otsego County, New York currently has 7.3 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in Otsego County, New York stands at $45K. This translates to roughly $5K per acre for the typical parcel size. The average price is $71K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Otsego County, New York is 13.7%. The 12-month rate is 10.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Otsego County, New York saw 116 properties sold, totaling $8.3M in sales volume. In just the last 3 months, 37 properties changed hands.
The current absorption rate in Otsego County, New York is 13.7% (3-month basis), indicating moderate demand. With depreciating values (-23.7% YoY), buyers may find value opportunities. The top-performing broker in this market is Keller Williams Upstate NY Properties.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Otsego County on LandyDandy.
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