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Chowan County, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
88
Sold (12M)
109
Median Price
$27K
Market Condition
Strong Buyer's Market

Chowan County, North Carolina Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.7 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$27K
Avg Price/Acre
$46K
Avg Days on Market
210
Months of Supply
14.7
YoY Price Change
+124.3%
New Listings (3M)
24

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres3124179
1-2 acres-127
2-5 acres-158
5-10 acres---2
10-20 acres--14
20-50 acres1113
50-100 acres----
100+ acres-111
TOTAL41651104
📊 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 acres79 sold / 52 listed
1-2 acres7 sold / 14 listed
2-5 acres8 sold / 5 listed
5-10 acres2 sold / 2 listed
10-20 acres4 sold / 6 listed
20-50 acres3 sold / 2 listed
50-100 acres0 sold / 1 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$350K$700K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$7.6M
Last 12 months
Active Listings
88
Current inventory
Avg Days on Market
210
Time to sell
Price Trend (YoY)
+124.3%
Year over year

Chowan County, North Carolina Land Market Analysis

How much is land worth in Chowan County, North Carolina?

The median price for land in Chowan County, North Carolina is currently $46K per acre. For a typical parcel, the median sale price is $27K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $186K.

Is now a good time to buy land in Chowan County, North Carolina?

Chowan County, North Carolina is currently a strong buyer's market with 14.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 124.3% year-over-year.

What is the months of supply for land in Chowan County, North Carolina?

Chowan County, North Carolina currently has 14.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

How long does it take to sell land in Chowan County, North Carolina?

Land in Chowan County, North Carolina typically sells within 210 days of listing. The median time on market is 98 days. Properties are moving slowly in the current strong buyer's market.

What is the total land for sale in Chowan County, North Carolina?

There are currently 88 active listings in Chowan County, North Carolina. 24 new listings have hit the market in the last 90 days. The median asking price is $45K.

Is now a good time to invest in land in Chowan County, North Carolina?

The current absorption rate in Chowan County, North Carolina is 6.8% (3-month basis), indicating slow demand. With appreciating values (+124.3% YoY), the market shows growth potential. The top-performing broker in this market is CarolinaEast Real Estate.

What is the median land price in Chowan County, North Carolina?

The median land price in Chowan County, North Carolina stands at $27K. This translates to roughly $46K per acre for the typical parcel size. The average price is $70K, indicating some higher-priced properties pulling up the average.

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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