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Roanoke Rapids, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
26
Sold (12M)
32
Median Price
$27K
Market Condition
Buyer's Market

Roanoke Rapids, North Carolina Market Meter

Buyer'sSeller's
Buyer's Market

11.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$27K
Avg Price/Acre
$21K
Avg Days on Market
130
Months of Supply
11.1
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres13617
1-2 acres-236
2-5 acres-224
5-10 acres---2
10-20 acres---1
20-50 acres---2
50-100 acres----
100+ acres----
TOTAL171132
📊 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 acres17 sold / 16 listed
1-2 acres6 sold / 3 listed
2-5 acres4 sold / 2 listed
5-10 acres2 sold / 0 listed
10-20 acres1 sold / 4 listed
20-50 acres2 sold / 1 listed

Median Price by Acreage

$0$80K$160K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.4M
Last 12 months
Active Listings
26
Current inventory
Avg Days on Market
130
Time to sell
Price Trend (YoY)
-
Year over year

Roanoke Rapids, North Carolina Land Market Analysis

How much is land worth in Roanoke Rapids, North Carolina?

The median price for land in Roanoke Rapids, North Carolina is currently $21K per acre. For a typical parcel, the median sale price is $27K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $134K.

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

Roanoke Rapids, North Carolina is currently a buyer's market with 11.1 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Roanoke Rapids, North Carolina currently has 11.1 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

Land in Roanoke Rapids, North Carolina averages $37K per acre. The median price per acre is $21K, which may be more representative of typical transactions. Most parcels sold are around 39,204 sq ft.

What is the total amount sold in Roanoke Rapids, North Carolina last year?

Over the past 12 months, Roanoke Rapids, North Carolina saw 32 properties sold, totaling $1.4M in sales volume. In just the last 3 months, 7 properties changed hands.

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

The current absorption rate in Roanoke Rapids, North Carolina is 9.0% (3-month basis), indicating moderate demand. The top-performing broker in this market is Chosen Realty of NC.

What is the total land for sale in Roanoke Rapids, North Carolina?

There are currently 26 active listings in Roanoke Rapids, North Carolina. 1 new listings have hit the market in the last 90 days. The median asking price is $63K.

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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