Comprehensive market data and analysis
25.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Crabtree, Oregon | ||||||
The median price for land in the Oregon area is currently $110K per acre. For a typical parcel, the median sale price is $150K. 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 $560K.
the Oregon area is currently a strong buyer's market with 25.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 5.8% year-over-year.
the Oregon area currently has 25.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in the Oregon area is 3.9%. The 12-month rate is 4.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in the Oregon area stands at $150K. This translates to roughly $110K per acre for the typical parcel size. The average price is $281K, indicating some higher-priced properties pulling up the average.
Land in the Oregon area averages $1.1M per acre. The median price per acre is $110K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
Over the past 12 months, the Oregon area saw 3,000 properties sold, totaling $842.4M in sales volume. In just the last 3 months, 586 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. 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.
