Comprehensive market data and analysis
22.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Westfall, Oregon | ||||||
The median price for land in the Oregon area is currently $112K 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 $22K while premium lots reached $550K.
the Oregon area is currently a strong buyer's market with 22.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 15.5% year-over-year.
the Oregon area currently has 22.4 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in the Oregon area stands at $150K. This translates to roughly $112K per acre for the typical parcel size. The average price is $272K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in the Oregon area is 4.5%. The 12-month rate is 4.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in the Oregon area averages $425K per acre. The median price per acre is $112K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.
Over the past 12 months, the Oregon area saw 3,095 properties sold, totaling $840.9M in sales volume. In just the last 3 months, 775 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 Westfall on LandyDandy.
Browse land in Westfall →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
