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Luzerne County, Pennsylvania Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
418
Sold (12M)
107
Median Price
$35K
Market Condition
Strong Buyer's Market

Luzerne County, Pennsylvania Market Meter

Buyer'sSeller's
Strong Buyer's Market

54.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$35K
Avg Price/Acre
$24K
Avg Days on Market
108
Months of Supply
54.5
YoY Price Change
-91.1%
New Listings (3M)
86

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres392358
1-2 acres12711
2-5 acres-41014
5-10 acres-268
10-20 acres-136
20-50 acres-224
50-100 acres1222
100+ acres-123
TOTAL52355106
📊 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 acres58 sold / 287 listed
1-2 acres11 sold / 24 listed
2-5 acres14 sold / 51 listed
5-10 acres8 sold / 8 listed
10-20 acres6 sold / 8 listed
20-50 acres4 sold / 11 listed
50-100 acres2 sold / 9 listed
100+ acres3 sold / 1 listed

Median Price by Acreage

$0$180K$360K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$12.9M
Last 12 months
Active Listings
418
Current inventory
Avg Days on Market
108
Time to sell
Price Trend (YoY)
-91.1%
Year over year

Luzerne County, Pennsylvania Land Market Analysis

How much is land worth in Luzerne County, Pennsylvania?

The median price for land in Luzerne County, Pennsylvania is currently $24K per acre. For a typical parcel, the median sale price is $35K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $386K.

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

Luzerne County, Pennsylvania is currently a strong buyer's market with 54.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 91.1% year-over-year.

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

Luzerne County, Pennsylvania currently has 54.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

Land in Luzerne County, Pennsylvania averages $133K per acre. The median price per acre is $24K, which may be more representative of typical transactions. Most parcels sold are around 30,492 sq ft.

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

Land in Luzerne County, Pennsylvania typically sells within 108 days of listing. The median time on market is 65 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

Over the past 12 months, Luzerne County, Pennsylvania saw 107 properties sold, totaling $12.9M in sales volume. In just the last 3 months, 23 properties changed hands.

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

The current absorption rate in Luzerne County, Pennsylvania is 1.8% (3-month basis), indicating slow demand. With depreciating values (-91.1% YoY), buyers may find value opportunities. The top-performing broker in this market is THE LAND AND RESIDENTIAL CONNECTION.

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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