Comprehensive market data and analysis• Updated Dec 2025
10.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 5 |
| 1-2 acres | - | - | - | 4 |
| 2-5 acres | - | 1 | 3 | 5 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 2 | 2 |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 7 | 17 |
Acreage buckets
The median price for land in Erwin, North Carolina is currently $42K per acre. For a typical parcel, the median sale price is $52K. 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 $245K.
Erwin, North Carolina is currently a buyer's market with 10.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 4246.7% year-over-year.
Erwin, North Carolina currently has 10.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Erwin, North Carolina is 10.0%. The 12-month rate is 14.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Erwin, North Carolina saw 17 properties sold, totaling $2.1M in sales volume. In just the last 3 months, 3 properties changed hands.
The current absorption rate in Erwin, North Carolina is 10.0% (3-month basis), indicating moderate demand. With appreciating values (+4246.7% YoY), the market shows growth potential. The top-performing broker in this market is PAULETTE WILLIAMS REALTY INC..
Land in Erwin, North Carolina averages $245K per acre. The median price per acre is $42K, which may be more representative of typical transactions. Most parcels sold are around 1.9 acres.
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.