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Pasquotank County, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
33
Sold (12M)
106
Median Price
$87K
Market Condition
Very Hot Seller's Market

Pasquotank County, North Carolina Market Meter

Buyer'sSeller's
Very Hot Seller's Market

2.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$87K
Avg Price/Acre
$33K
Avg Days on Market
281
Months of Supply
2.5
YoY Price Change
+42.8%
New Listings (3M)
8

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres3111732
1-2 acres-6913
2-5 acres281014
5-10 acres-335
10-20 acres251329
20-50 acres-124
50-100 acres1223
100+ acres----
TOTAL83656100
📊 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 acres32 sold / 15 listed
1-2 acres13 sold / 6 listed
2-5 acres14 sold / 1 listed
5-10 acres5 sold / 4 listed
10-20 acres29 sold / 1 listed
20-50 acres4 sold / 2 listed
50-100 acres3 sold / 1 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$209K$418K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$16.9M
Last 12 months
Active Listings
33
Current inventory
Avg Days on Market
281
Time to sell
Price Trend (YoY)
+42.8%
Year over year

Pasquotank County, North Carolina Land Market Analysis

How much is land worth in Pasquotank County, North Carolina?

The median price for land in Pasquotank County, North Carolina is currently $33K per acre. For a typical parcel, the median sale price is $87K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $33K while premium lots reached $327K.

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

Pasquotank County, North Carolina is currently a very hot seller's market with 2.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 42.8% year-over-year.

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

Pasquotank County, North Carolina currently has 2.5 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

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

Land in Pasquotank County, North Carolina typically sells within 281 days of listing. The median time on market is 115 days. Properties are moving slowly in the current very hot seller's market.

Is now a good time to invest in land in Pasquotank County, North Carolina?

The current absorption rate in Pasquotank County, North Carolina is 39.4% (3-month basis), indicating strong demand. With appreciating values (+42.8% YoY), the market shows growth potential. The top-performing broker in this market is The Banks Real Estate Group, LLC.

What is the average price per acre in Pasquotank County, North Carolina?

Land in Pasquotank County, North Carolina averages $101K per acre. The median price per acre is $33K, which may be more representative of typical transactions. Most parcels sold are around 2.6 acres.

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

There are currently 33 active listings in Pasquotank County, North Carolina. 8 new listings have hit the market in the last 90 days. The median asking price is $99K.

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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