Comprehensive market data and analysis
We're showing North Carolina County statistics below to give you a broader market picture. As more transactions occur in Bat Cave, North Carolina, we'll update with specific local data.
9.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Bat Cave, North Carolina | ||||||
The median price for land in the North Carolina area is currently $47K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $473K.
the North Carolina area is currently a buyer's market with 9.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 6.3% year-over-year.
the North Carolina area currently has 9.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in the North Carolina area averages $6.3M per acre. The median price per acre is $47K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
Land in the North Carolina area typically sells within 146 days of listing. The median time on market is 72 days. Properties are moving slowly in the current buyer's market.
The 3-month absorption rate in the North Carolina area is 10.6%. The 12-month rate is 12.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 17,029 active listings in the North Carolina area. 4,297 new listings have hit the market in the last 90 days. The median asking price is $98K.
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.
