Comprehensive market data and analysis• Updated Dec 2025
11.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 11 | 27 |
| 1-2 acres | 1 | 2 | 4 | 6 |
| 2-5 acres | - | 2 | 7 | 10 |
| 5-10 acres | - | - | - | 4 |
| 10-20 acres | - | - | 4 | 8 |
| 20-50 acres | - | 4 | 8 | 15 |
| 50-100 acres | - | - | 2 | 2 |
| 100+ acres | - | - | - | 2 |
| TOTAL | 2 | 11 | 36 | 74 |
Acreage buckets
The median price for land in Lenoir County, North Carolina is currently $14K per acre. For a typical parcel, the median sale price is $38K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $240K.
Lenoir County, North Carolina is currently a buyer's market with 11.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 16.7% year-over-year.
Lenoir County, North Carolina currently has 11.2 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 Lenoir County, North Carolina is 8.9%. The 12-month rate is 15.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Lenoir County, North Carolina saw 74 properties sold, totaling $7.9M in sales volume. In just the last 3 months, 11 properties changed hands.
Land in Lenoir County, North Carolina averages $30K per acre. The median price per acre is $14K, which may be more representative of typical transactions. Most parcels sold are around 3.0 acres.
The median land price in Lenoir County, North Carolina stands at $38K. This translates to roughly $14K per acre for the typical parcel size. The average price is $107K, 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.