Comprehensive market data and analysis
We're showing New York County statistics below to give you a broader market picture. As more transactions occur in Upton, New York, we'll update with specific local data.
View nearby areas with more activity:
13.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Upton, New York | ||||||
The median price for land in the New York area is currently $18K per acre. For a typical parcel, the median sale price is $80K. 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 $500K.
the New York area is currently a strong buyer's market with 13.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 40.0% year-over-year.
the New York area currently has 13.3 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in the New York area averages $5.1M per acre. The median price per acre is $18K, which may be more representative of typical transactions. Most parcels sold are around 3.6 acres.
Land in the New York area typically sells within 118 days of listing. The median time on market is 69 days. Properties are moving at a moderate pace in the current strong buyer's market.
There are currently 6,005 active listings in the New York area. 1,913 new listings have hit the market in the last 90 days. The median asking price is $145K.
The 3-month absorption rate in the New York area is 7.5%. The 12-month rate is 7.8%. 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.
