Comprehensive market data and analysis• Updated Dec 2025
6.8 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 4 | 4 | 4 |
| 5-10 acres | - | 1 | 1 | 2 |
| 10-20 acres | 1 | 1 | 1 | 2 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 1 | 8 | 8 | 11 |
Acreage buckets
The median price for land in Owego, New York is currently $5K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $103K.
Owego, New York is currently a balanced market with 6.8 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 712.5% year-over-year.
Owego, New York currently has 6.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Over the past 12 months, Owego, New York saw 11 properties sold, totaling $549K in sales volume. In just the last 3 months, 8 properties changed hands.
The 3-month absorption rate in Owego, New York is 14.8%. The 12-month rate is 5.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Owego, New York is 14.8% (3-month basis), indicating moderate demand. With appreciating values (+712.5% YoY), the market shows growth potential. The top-performing broker in this market is EMB REALTY.
The median land price in Owego, New York stands at $45K. This translates to roughly $5K per acre for the typical parcel size. The average price is $50K, indicating some higher-priced properties pulling up the average.
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.