Comprehensive market data and analysis• Updated Oct 2026
27.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | 2 | 2 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 6 |
Acreage buckets
The median price for land in Cedar Grove, North Carolina is currently $26K per acre. For a typical parcel, the median sale price is $215K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $42K while premium lots reached $323K.
Cedar Grove, North Carolina is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Cedar Grove, North Carolina currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 18 active listings in Cedar Grove, North Carolina. 6 new listings have hit the market in the last 90 days. The median asking price is $223K.
Over the past 12 months, Cedar Grove, North Carolina saw 6 properties sold, totaling $1.2M in sales volume. In just the last 3 months, 2 properties changed hands.
The current absorption rate in Cedar Grove, North Carolina is 3.7% (3-month basis), indicating slow demand.
The 3-month absorption rate in Cedar Grove, North Carolina is 3.7%. The 12-month rate is 2.8%. 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Cedar Grove on LandyDandy.
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