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Altoona, Pennsylvania Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
47
Sold (12M)
32
Median Price
$8K
Market Condition
Strong Buyer's Market

Altoona, Pennsylvania Market Meter

Buyer'sSeller's
Strong Buyer's Market

15.7 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$8K
Avg Price/Acre
$37K
Avg Days on Market
181
Months of Supply
15.7
YoY Price Change
+73.0%
New Listings (3M)
10

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres171425
1-2 acres-114
2-5 acres1112
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL291632
📊 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
0-1 acres25 sold / 31 listed
1-2 acres4 sold / 4 listed
2-5 acres2 sold / 6 listed
5-10 acres1 sold / 2 listed
10-20 acres0 sold / 2 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$38K$75K
0- 1
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$744K
Last 12 months
Active Listings
47
Current inventory
Avg Days on Market
181
Time to sell
Price Trend (YoY)
+73.0%
Year over year

Altoona, Pennsylvania Land Market Analysis

How much is land worth in Altoona, Pennsylvania?

The median price for land in Altoona, Pennsylvania is currently $37K per acre. For a typical parcel, the median sale price is $8K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $1K while premium lots reached $80K.

Is now a good time to buy land in Altoona, Pennsylvania?

Altoona, Pennsylvania is currently a strong buyer's market with 15.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 73.0% year-over-year.

What is the months of supply for land in Altoona, Pennsylvania?

Altoona, Pennsylvania currently has 15.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the total amount sold in Altoona, Pennsylvania last year?

Over the past 12 months, Altoona, Pennsylvania saw 32 properties sold, totaling $744K in sales volume. In just the last 3 months, 9 properties changed hands.

Is now a good time to invest in land in Altoona, Pennsylvania?

The current absorption rate in Altoona, Pennsylvania is 6.4% (3-month basis), indicating slow demand. With appreciating values (+73.0% YoY), the market shows growth potential. The top-performing broker in this market is Coldwell Banker Town & Country R.E..

What is the average price per acre in Altoona, Pennsylvania?

Land in Altoona, Pennsylvania averages $91K per acre. The median price per acre is $37K, which may be more representative of typical transactions. Most parcels sold are around 8,059 sq ft.

What is the median land price in Altoona, Pennsylvania?

The median land price in Altoona, Pennsylvania stands at $8K. This translates to roughly $37K per acre for the typical parcel size. The average price is $23K, indicating some higher-priced properties pulling up the average.

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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