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Richlands, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
19
Sold (12M)
58
Median Price
$145K
Market Condition
Buyer's Market

Richlands, North Carolina Market Meter

Buyer'sSeller's
Buyer's Market

9.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$145K
Avg Price/Acre
$37K
Avg Days on Market
123
Months of Supply
9.5
YoY Price Change
-53.6%
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-1720
1-2 acres--49
2-5 acres-2510
5-10 acres1139
10-20 acres1224
20-50 acres---3
50-100 acres---3
100+ acres----
TOTAL262158
📊 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 acres20 sold / 2 listed
1-2 acres9 sold / 4 listed
2-5 acres10 sold / 2 listed
5-10 acres9 sold / 3 listed
10-20 acres4 sold / 1 listed
20-50 acres3 sold / 4 listed
50-100 acres3 sold / 3 listed

Median Price by Acreage

$0$200K$400K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$10.1M
Last 12 months
Active Listings
19
Current inventory
Avg Days on Market
123
Time to sell
Price Trend (YoY)
-53.6%
Year over year

Richlands, North Carolina Land Market Analysis

How much is land worth in Richlands, North Carolina?

The median price for land in Richlands, North Carolina is currently $37K per acre. For a typical parcel, the median sale price is $145K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $388K.

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

Richlands, North Carolina is currently a buyer's market with 9.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 53.6% year-over-year.

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

Richlands, North Carolina currently has 9.5 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 Richlands, North Carolina?

There are currently 19 active listings in Richlands, North Carolina. 7 new listings have hit the market in the last 90 days. The median asking price is $190K.

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

The 3-month absorption rate in Richlands, North Carolina is 10.5%. The 12-month rate is 25.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Land in Richlands, North Carolina typically sells within 123 days of listing. The median time on market is 114 days. Properties are moving slowly in the current buyer's market.

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

The median land price in Richlands, North Carolina stands at $145K. This translates to roughly $37K per acre for the typical parcel size. The average price is $174K, 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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