Comprehensive market data and analysis
We're showing Pennsylvania County statistics below to give you a broader market picture. As more transactions occur in Gipsy, Pennsylvania, we'll update with specific local data.
View nearby areas with more activity:
14.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Gipsy, Pennsylvania | ||||||
The median price for land in the Pennsylvania area is currently $40K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $442K.
the Pennsylvania area is currently a strong buyer's market with 14.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 7.2% year-over-year.
the Pennsylvania area currently has 14.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The median land price in the Pennsylvania area stands at $58K. This translates to roughly $40K per acre for the typical parcel size. The average price is $178K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, the Pennsylvania area saw 6,619 properties sold, totaling $1163.2M in sales volume. In just the last 3 months, 1,537 properties changed hands.
The 3-month absorption rate in the Pennsylvania area is 6.8%. The 12-month rate is 7.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in the Pennsylvania area averages $472K per acre. The median price per acre is $40K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
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.
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