Comprehensive market data and analysis• Updated Oct 2026
14.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 8 | 12 |
| 1-2 acres | 2 | 2 | 2 | 3 |
| 2-5 acres | 1 | 2 | 2 | 10 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | 1 | 3 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 4 | 5 | 13 | 31 |
Acreage buckets
The median price for land in Summerfield, North Carolina is currently $70K per acre. For a typical parcel, the median sale price is $127K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $61K while premium lots reached $323K.
Summerfield, North Carolina is currently a strong buyer's market with 14.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
Summerfield, North Carolina currently has 14.4 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Summerfield, North Carolina is 6.9%. The 12-month rate is 9.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Summerfield, North Carolina stands at $127K. This translates to roughly $70K per acre for the typical parcel size. The average price is $227K, indicating some higher-priced properties pulling up the average.
There are currently 24 active listings in Summerfield, North Carolina. The median asking price is $80K.
Over the past 12 months, Summerfield, North Carolina saw 28 properties sold, totaling $6.4M in sales volume. In just the last 3 months, 5 properties changed hands.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Summerfield on LandyDandy.
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