Comprehensive market data and analysis• Updated Dec 2025
72.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 6 |
Acreage buckets
The median price for land in Elk County, Pennsylvania is currently $20K per acre. For a typical parcel, the median sale price is $25K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $57K.
Elk County, Pennsylvania is currently a strong buyer's market with 72.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Elk County, Pennsylvania currently has 72.0 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 Elk County, Pennsylvania stands at $25K. This translates to roughly $20K per acre for the typical parcel size. The average price is $32K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Elk County, Pennsylvania is 1.4%. The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Elk County, Pennsylvania saw 6 properties sold, totaling $194K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Elk County, Pennsylvania typically sells within 115 days of listing. The median time on market is 133 days. Properties are moving at a moderate pace 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. 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.
