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Raleigh, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
120
Sold (12M)
433
Median Price
$423K
Market Condition
Seller's Market

Raleigh, North Carolina Market Meter

Buyer'sSeller's
Seller's Market

3.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$423K
Avg Price/Acre
$2.4M
Avg Days on Market
56
Months of Supply
3.5
YoY Price Change
+14.7%
New Listings (3M)
47

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1992237350
1-2 acres381632
2-5 acres12826
5-10 acres--512
10-20 acres--45
20-50 acres-146
50-100 acres---1
100+ acres--11
TOTAL23103275433
📊 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 acres350 sold / 75 listed
1-2 acres32 sold / 20 listed
2-5 acres26 sold / 14 listed
5-10 acres12 sold / 5 listed
10-20 acres5 sold / 4 listed
20-50 acres6 sold / 1 listed
50-100 acres1 sold / 1 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$12.7M$25.4M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$304.5M
Last 12 months
Active Listings
120
Current inventory
Avg Days on Market
56
Time to sell
Price Trend (YoY)
+14.7%
Year over year

Raleigh, North Carolina Land Market Analysis

How much is land worth in Raleigh, North Carolina?

The median price for land in Raleigh, North Carolina is currently $2.4M per acre. For a typical parcel, the median sale price is $423K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $119K while premium lots reached $862K.

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

Raleigh, North Carolina is currently a seller's market with 3.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 14.7% year-over-year.

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

Raleigh, North Carolina currently has 3.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

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

The current absorption rate in Raleigh, North Carolina is 28.6% (3-month basis), indicating strong demand. With appreciating values (+14.7% YoY), the market shows growth potential. The top-performing broker in this market is CitySpace Management, LLC.

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

Land in Raleigh, North Carolina averages $3.0M per acre. The median price per acre is $2.4M, which may be more representative of typical transactions. Most parcels sold are around 8,712 sq ft.

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

The 3-month absorption rate in Raleigh, North Carolina is 28.6%. The 12-month rate is 30.1%. 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 Raleigh, North Carolina?

The median land price in Raleigh, North Carolina stands at $423K. This translates to roughly $2.4M per acre for the typical parcel size. The average price is $703K, 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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