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Steuben County, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
80
Sold (12M)
111
Median Price
$70K
Market Condition
Balanced Market

Steuben County, New York Market Meter

Buyer'sSeller's
Balanced Market

8.6 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$70K
Avg Price/Acre
$6K
Avg Days on Market
73
Months of Supply
8.6
YoY Price Change
-15.6%
New Listings (3M)
37

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres13510
1-2 acres--412
2-5 acres13615
5-10 acres-31022
10-20 acres11812
20-50 acres3121624
50-100 acres-238
100+ acres1456
TOTAL72857109
📊 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 acres10 sold / 13 listed
1-2 acres12 sold / 3 listed
2-5 acres15 sold / 11 listed
5-10 acres22 sold / 21 listed
10-20 acres12 sold / 12 listed
20-50 acres24 sold / 6 listed
50-100 acres8 sold / 5 listed
100+ acres6 sold / 4 listed

Median Price by Acreage

$0$176K$353K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$11.8M
Last 12 months
Active Listings
80
Current inventory
Avg Days on Market
73
Time to sell
Price Trend (YoY)
-15.6%
Year over year

Steuben County, New York Land Market Analysis

How much is land worth in Steuben County, New York?

The median price for land in Steuben County, New York is currently $6K per acre. For a typical parcel, the median sale price is $70K. 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 $241K.

Is now a good time to buy land in Steuben County, New York?

Steuben County, New York is currently a balanced market with 8.6 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 15.6% year-over-year.

What is the months of supply for land in Steuben County, New York?

Steuben County, New York currently has 8.6 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the median land price in Steuben County, New York?

The median land price in Steuben County, New York stands at $70K. This translates to roughly $6K per acre for the typical parcel size. The average price is $107K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Steuben County, New York?

The 3-month absorption rate in Steuben County, New York is 11.7%. The 12-month rate is 11.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Steuben County, New York last year?

Over the past 12 months, Steuben County, New York saw 111 properties sold, totaling $11.8M in sales volume. In just the last 3 months, 28 properties changed hands.

Is now a good time to invest in land in Steuben County, New York?

The current absorption rate in Steuben County, New York is 11.7% (3-month basis), indicating moderate demand. With depreciating values (-15.6% YoY), buyers may find value opportunities. The top-performing broker in this market is Landquest Inc..

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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