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Morganton, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
163
Sold (12M)
230
Median Price
$43K
Market Condition
Buyer's Market

Morganton, North Carolina Market Meter

Buyer'sSeller's
Buyer's Market

11.6 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$43K
Avg Price/Acre
$21K
Avg Days on Market
265
Months of Supply
11.6
YoY Price Change
+25.3%
New Listings (3M)
28

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres5174285
1-2 acres161246
2-5 acres141033
5-10 acres371426
10-20 acres251424
20-50 acres-1310
50-100 acres-124
100+ acres-112
TOTAL124298230
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres85 sold / 77 listed
1-2 acres46 sold / 34 listed
2-5 acres33 sold / 27 listed
5-10 acres26 sold / 7 listed
10-20 acres24 sold / 4 listed
20-50 acres10 sold / 7 listed
50-100 acres4 sold / 2 listed
100+ acres2 sold / 3 listed

Median Price by Acreage

$0$750K$1.5M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$27.6M
Last 12 months
Active Listings
163
Current inventory
Avg Days on Market
265
Time to sell
Price Trend (YoY)
+25.3%
Year over year

Morganton, North Carolina Land Market Analysis

How much is land worth in Morganton, North Carolina?

The median price for land in Morganton, North Carolina is currently $21K per acre. For a typical parcel, the median sale price is $43K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $278K.

Is now a good time to buy land in Morganton, North Carolina?

Morganton, North Carolina is currently a buyer's market with 11.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 25.3% year-over-year.

What is the months of supply for land in Morganton, North Carolina?

Morganton, North Carolina currently has 11.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the total land for sale in Morganton, North Carolina?

There are currently 163 active listings in Morganton, North Carolina. 28 new listings have hit the market in the last 90 days. The median asking price is $50K.

How long does it take to sell land in Morganton, North Carolina?

Land in Morganton, North Carolina typically sells within 265 days of listing. The median time on market is 121 days. Properties are moving slowly in the current buyer's market.

What is the absorption rate for land in Morganton, North Carolina?

The 3-month absorption rate in Morganton, North Carolina is 8.6%. The 12-month rate is 11.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Morganton, North Carolina?

The median land price in Morganton, North Carolina stands at $43K. This translates to roughly $21K per acre for the typical parcel size. The average price is $120K, indicating some higher-priced properties pulling up the average.

Data Sources & Accuracy

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.

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