Comprehensive market data and analysis• Updated Oct 2026
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 1 |
| 1-2 acres | 2 | 2 | 5 | 5 |
| 2-5 acres | - | - | 2 | 8 |
| 5-10 acres | - | 1 | 1 | 3 |
| 10-20 acres | - | 1 | 1 | 4 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | - | - | - | 2 |
| TOTAL | 3 | 5 | 11 | 25 |
Acreage buckets
The median price for land in Merritt, North Carolina is currently $11K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $170K.
Merritt, North Carolina is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Merritt, North Carolina currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Merritt, North Carolina typically sells within 259 days of listing. The median time on market is 133 days. Properties are moving slowly in the current strong buyer's market.
There are currently 30 active listings in Merritt, North Carolina. 6 new listings have hit the market in the last 90 days. The median asking price is $72K.
Over the past 12 months, Merritt, North Carolina saw 23 properties sold, totaling $1.7M in sales volume. In just the last 3 months, 5 properties changed hands.
The median land price in Merritt, North Carolina stands at $45K. This translates to roughly $11K per acre for the typical parcel size. The average price is $74K, 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Merritt on LandyDandy.
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