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 Runnels County, 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.
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.
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.
There are currently 5,061 active listings in the Oregon area. 1,153 new listings have hit the market in the last 90 days. The median asking price is $189K.
Land in the Oregon area typically sells within 120 days of listing. The median time on market is 67 days. Properties are moving slowly in the current strong buyer's market.
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 Runnels County on LandyDandy.
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