Comprehensive market data and analysis
23.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Corn, Oklahoma | ||||||
The median price for land in the Oklahoma area is currently $18K per acre. For a typical parcel, the median sale price is $79K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $365K.
the Oklahoma area is currently a strong buyer's market with 23.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 6.3% year-over-year.
the Oklahoma area currently has 23.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in the Oklahoma area averages $286K per acre. The median price per acre is $18K, which may be more representative of typical transactions. Most parcels sold are around 4.1 acres.
The current absorption rate in the Oklahoma area is 4.3% (3-month basis), indicating slow demand. With depreciating values (-6.3% YoY), buyers may find value opportunities. The top-performing broker in this market is Keller Williams Advantage.
The 3-month absorption rate in the Oklahoma area is 4.3%. The 12-month rate is 4.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in the Oklahoma area stands at $79K. This translates to roughly $18K per acre for the typical parcel size. The average price is $165K, indicating some higher-priced properties pulling up the average.
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.
