Comprehensive market data and analysis• Updated Dec 2025
21.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 8 | 14 | 39 |
| 1-2 acres | - | 6 | 19 | 29 |
| 2-5 acres | - | 5 | 12 | 20 |
| 5-10 acres | - | 3 | 3 | 6 |
| 10-20 acres | - | 2 | 5 | 7 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 3 | 25 | 55 | 103 |
Acreage buckets
The median price for land in Hertford, North Carolina is currently $30K per acre. For a typical parcel, the median sale price is $40K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $11K while premium lots reached $145K.
Hertford, North Carolina is currently a strong buyer's market with 21.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 88.9% year-over-year.
Hertford, North Carolina currently has 21.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Hertford, North Carolina is 4.7% (3-month basis), indicating slow demand. With depreciating values (-88.9% YoY), buyers may find value opportunities. The top-performing broker in this market is United Country Forbes Realty & Auctions LLC.
There are currently 179 active listings in Hertford, North Carolina. 36 new listings have hit the market in the last 90 days. The median asking price is $50K.
Over the past 12 months, Hertford, North Carolina saw 108 properties sold, totaling $7.1M in sales volume. In just the last 3 months, 25 properties changed hands.
The median land price in Hertford, North Carolina stands at $40K. This translates to roughly $30K per acre for the typical parcel size. The average price is $65K, indicating some higher-priced properties pulling up the average.
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.
