Comprehensive market data and analysis• Updated Dec 2025
15.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 4 | 9 |
| 1-2 acres | 1 | 7 | 12 | 17 |
| 2-5 acres | 2 | 5 | 9 | 15 |
| 5-10 acres | 2 | 2 | 2 | 4 |
| 10-20 acres | - | - | 1 | 10 |
| 20-50 acres | - | 1 | 8 | 14 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | 1 | 1 | 1 | 2 |
| TOTAL | 6 | 17 | 37 | 73 |
Acreage buckets
The median price for land in Tompkins County, New York is currently $17K per acre. For a typical parcel, the median sale price is $97K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $38K while premium lots reached $278K.
Tompkins County, New York is currently a strong buyer's market with 15.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 37.4% year-over-year.
Tompkins County, New York currently has 15.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 89 active listings in Tompkins County, New York. 24 new listings have hit the market in the last 90 days. The median asking price is $160K.
Land in Tompkins County, New York typically sells within 126 days of listing. The median time on market is 94 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Tompkins County, New York is 6.4%. The 12-month rate is 6.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Tompkins County, New York stands at $97K. This translates to roughly $17K per acre for the typical parcel size. The average price is $136K, 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.
