Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | 2 | 3 |
| 2-5 acres | 2 | 2 | 3 | 13 |
| 5-10 acres | - | 1 | 1 | 3 |
| 10-20 acres | - | 1 | 3 | 3 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 2 | 5 | 12 | 27 |
Acreage buckets
The median price for land in Merritt, North Carolina is currently $15K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $27K while premium lots reached $208K.
Merritt, North Carolina is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 15.1% year-over-year.
Merritt, North Carolina currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Merritt, North Carolina typically sells within 293 days of listing. The median time on market is 181 days. Properties are moving slowly in the current strong buyer's market.
There are currently 25 active listings in Merritt, North Carolina. 8 new listings have hit the market in the last 90 days. The median asking price is $65K.
Over the past 12 months, Merritt, North Carolina saw 27 properties sold, totaling $2.6M in sales volume. In just the last 3 months, 5 properties changed hands.
The median land price in Merritt, North Carolina stands at $55K. This translates to roughly $15K per acre for the typical parcel size. The average price is $96K, 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.
