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 | 2 | 5 | 21 | 84 |
| 1-2 acres | - | 5 | 9 | 14 |
| 2-5 acres | - | 3 | 11 | 21 |
| 5-10 acres | - | 9 | 14 | 20 |
| 10-20 acres | - | 3 | 6 | 9 |
| 20-50 acres | 1 | 1 | 3 | 8 |
| 50-100 acres | 2 | 3 | 3 | 9 |
| 100+ acres | - | 1 | 2 | 6 |
| TOTAL | 5 | 30 | 69 | 171 |
Acreage buckets
The median price for land in Payne County, Oklahoma is currently $54K 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 $42K while premium lots reached $294K.
Payne County, 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. Prices have decreased 18.5% year-over-year.
Payne County, 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.
The median land price in Payne County, Oklahoma stands at $60K. This translates to roughly $54K per acre for the typical parcel size. The average price is $130K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Payne County, Oklahoma saw 187 properties sold, totaling $24.4M in sales volume. In just the last 3 months, 34 properties changed hands.
The current absorption rate in Payne County, Oklahoma is 6.7% (3-month basis), indicating slow demand. With depreciating values (-18.5% YoY), buyers may find value opportunities. The top-performing broker in this market is REAL ESTATE PROFESSIONALS.
The 3-month absorption rate in Payne County, Oklahoma is 6.7%. The 12-month rate is 9.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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 Payne County on LandyDandy.
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