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Erick, Oklahoma Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
5
Median Price
$384K
Market Condition
Seller's Market

Erick, Oklahoma Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$384K
Avg Price/Acre
$2K
Avg Days on Market
163
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres--11
50-100 acres---1
100+ acres-233
TOTAL0245
📊 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
20-50 acres1 sold / 0 listed
50-100 acres1 sold / 2 listed
100+ acres3 sold / 0 listed

Median Price by Acreage

$0$210K$420K
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.6M
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
163
Time to sell
Price Trend (YoY)
-
Year over year

Erick, Oklahoma Land Market Analysis

How much is land worth in Erick, Oklahoma?

The median price for land in Erick, Oklahoma is currently $2K per acre. For a typical parcel, the median sale price is $384K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $96K while premium lots reached $528K.

Is now a good time to buy land in Erick, Oklahoma?

Erick, Oklahoma is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Erick, Oklahoma?

Erick, Oklahoma currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the total amount sold in Erick, Oklahoma last year?

Over the past 12 months, Erick, Oklahoma saw 5 properties sold, totaling $1.6M in sales volume. In just the last 3 months, 2 properties changed hands.

What is the absorption rate for land in Erick, Oklahoma?

The 3-month absorption rate in Erick, Oklahoma is 33.3%. The 12-month rate is 20.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Erick, Oklahoma?

The current absorption rate in Erick, Oklahoma is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Exploration Realty LLC.

How long does it take to sell land in Erick, Oklahoma?

Land in Erick, Oklahoma typically sells within 163 days of listing. The median time on market is 163 days. Properties are moving slowly in the current seller's market.

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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