Comprehensive market data and analysis• Updated Dec 2025
22.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 10 | 21 |
| 1-2 acres | 1 | 4 | 11 | 29 |
| 2-5 acres | 2 | 11 | 25 | 43 |
| 5-10 acres | 1 | 1 | 6 | 8 |
| 10-20 acres | - | 1 | 3 | 4 |
| 20-50 acres | - | - | 2 | 3 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | 2 |
| TOTAL | 4 | 18 | 58 | 111 |
Acreage buckets
The median price for land in Nebo, North Carolina is currently $22K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $350K.
Nebo, North Carolina is currently a strong buyer's market with 22.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 117.7% year-over-year.
Nebo, North Carolina currently has 22.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Nebo, North Carolina saw 111 properties sold, totaling $13.8M in sales volume. In just the last 3 months, 18 properties changed hands.
The 3-month absorption rate in Nebo, North Carolina is 4.5%. The 12-month rate is 7.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Nebo, North Carolina averages $74K per acre. The median price per acre is $22K, which may be more representative of typical transactions. Most parcels sold are around 2.1 acres.
The median land price in Nebo, North Carolina stands at $50K. This translates to roughly $22K per acre for the typical parcel size. The average price is $124K, 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 Nebo on LandyDandy.
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