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USANorth CarolinaWestfield

Westfield, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
7
Sold (12M)
27
Median Price
$60K
Market Condition
Very Hot Seller's Market

Westfield, North Carolina Market Meter

Buyer'sSeller's
Very Hot Seller's Market

2.6 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$60K
Avg Price/Acre
$7K
Avg Days on Market
38
Months of Supply
2.6
YoY Price Change
-51.0%
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres---567
1-2 acres---159
2-5 acres-33679
5-10 acres12341115
10-20 acres-114811
20-50 acres-2371724
50-100 acres-----3
100+ acres------
TOTAL1810275478
📊 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 acres5 sold / 0 listed
1-2 acres1 sold / 0 listed
2-5 acres6 sold / 2 listed
5-10 acres4 sold / 0 listed
10-20 acres4 sold / 1 listed
20-50 acres7 sold / 0 listed
50-100 acres0 sold / 4 listed

Median Price by Acreage

$0$85K$170K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.1M
Last 12 months
Active Listings
7
Current inventory
Avg Days on Market
38
Time to sell
Price Trend (YoY)
-51.0%
Year over year

Westfield, North Carolina Land Market Analysis

How much is land worth in Westfield, North Carolina?

The median price for land in Westfield, North Carolina is currently $7K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $170K.

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

Westfield, North Carolina is currently a very hot seller's market with 2.6 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 51.0% year-over-year.

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

Westfield, North Carolina currently has 2.6 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

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

The median land price in Westfield, North Carolina stands at $60K. This translates to roughly $7K per acre for the typical parcel size. The average price is $76K, indicating some higher-priced properties pulling up the average.

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

Land in Westfield, North Carolina averages $9K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 5.5 acres.

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

Over the past 12 months, Westfield, North Carolina saw 27 properties sold, totaling $2.1M in sales volume. In just the last 3 months, 8 properties changed hands.

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

The 3-month absorption rate in Westfield, North Carolina is 38.1%. The 12-month rate is 32.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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