Comprehensive market data and analysis• Updated Dec 2025
6.5 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 13 | 60 | 151 | 319 |
| 1-2 acres | 1 | 4 | 10 | 28 |
| 2-5 acres | 1 | 3 | 8 | 21 |
| 5-10 acres | - | 5 | 9 | 19 |
| 10-20 acres | 1 | 1 | 2 | 6 |
| 20-50 acres | - | 1 | 2 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 16 | 74 | 182 | 395 |
Acreage buckets
The median price for land in New Hanover County, North Carolina is currently $803K per acre. For a typical parcel, the median sale price is $277K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $75K while premium lots reached $850K.
New Hanover County, North Carolina is currently a balanced market with 6.5 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 17.2% year-over-year.
New Hanover County, North Carolina currently has 6.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Over the past 12 months, New Hanover County, North Carolina saw 436 properties sold, totaling $219.0M in sales volume. In just the last 3 months, 81 properties changed hands.
There are currently 176 active listings in New Hanover County, North Carolina. 69 new listings have hit the market in the last 90 days. The median asking price is $395K.
The current absorption rate in New Hanover County, North Carolina is 15.3% (3-month basis), indicating strong demand. With depreciating values (-17.2% YoY), buyers may find value opportunities. The top-performing broker in this market is Intracoastal Realty Corp.
Land in New Hanover County, North Carolina averages $2.0M per acre. The median price per acre is $803K, which may be more representative of typical transactions. Most parcels sold are around 14,810 sq ft.
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.