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Lackawanna County, Pennsylvania Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
181
Sold (12M)
130
Median Price
$58K
Market Condition
Strong Buyer's Market

Lackawanna County, Pennsylvania Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.7 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$58K
Avg Price/Acre
$30K
Avg Days on Market
149
Months of Supply
14.7
YoY Price Change
+119.9%
New Listings (3M)
40

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres2162148
1-2 acres361218
2-5 acres-4617
5-10 acres24713
10-20 acres13915
20-50 acres-2414
50-100 acres--11
100+ acres-113
TOTAL83661129
📊 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 acres48 sold / 113 listed
1-2 acres18 sold / 12 listed
2-5 acres17 sold / 27 listed
5-10 acres13 sold / 9 listed
10-20 acres15 sold / 3 listed
20-50 acres14 sold / 6 listed
50-100 acres1 sold / 7 listed
100+ acres3 sold / 3 listed

Median Price by Acreage

$0$975K$1.9M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$16.8M
Last 12 months
Active Listings
181
Current inventory
Avg Days on Market
149
Time to sell
Price Trend (YoY)
+119.9%
Year over year

Lackawanna County, Pennsylvania Land Market Analysis

How much is land worth in Lackawanna County, Pennsylvania?

The median price for land in Lackawanna County, Pennsylvania is currently $30K 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 $12K while premium lots reached $300K.

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

Lackawanna County, Pennsylvania 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 increased 119.9% year-over-year.

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

Lackawanna County, Pennsylvania 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.

How long does it take to sell land in Lackawanna County, Pennsylvania?

Land in Lackawanna County, Pennsylvania typically sells within 149 days of listing. The median time on market is 52 days. Properties are moving slowly in the current strong buyer's market.

What is the average price per acre in Lackawanna County, Pennsylvania?

Land in Lackawanna County, Pennsylvania averages $77K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 1.6 acres.

What is the median land price in Lackawanna County, Pennsylvania?

The median land price in Lackawanna County, Pennsylvania stands at $58K. This translates to roughly $30K per acre for the typical parcel size. The average price is $130K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Lackawanna County, Pennsylvania?

The 3-month absorption rate in Lackawanna County, Pennsylvania is 6.8%. The 12-month rate is 6.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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