Comprehensive market data and analysis• Updated Oct 2026
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | - | 3 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | 1 | 1 | 1 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 3 | 9 |
Acreage buckets
The median price for land in Elgin, Oklahoma is currently $42K per acre. For a typical parcel, the median sale price is $63K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $37K while premium lots reached $222K.
Elgin, Oklahoma is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Elgin, Oklahoma currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Elgin, Oklahoma typically sells within 210 days of listing. The median time on market is 140 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Elgin, Oklahoma is 6.7%. The 12-month rate is 13.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Elgin, Oklahoma averages $95K per acre. The median price per acre is $42K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.
Over the past 12 months, Elgin, Oklahoma saw 8 properties sold, totaling $957K in sales volume. In just the last 3 months, 1 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 Elgin on LandyDandy.
Browse land in Elgin →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
