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Somerset County, Pennsylvania Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
92
Sold (12M)
84
Median Price
$35K
Market Condition
Strong Buyer's Market

Somerset County, Pennsylvania Market Meter

Buyer'sSeller's
Strong Buyer's Market

12.5 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
154
Months of Supply
12.5
YoY Price Change
+233.3%
New Listings (3M)
25

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres2112037
1-2 acres12914
2-5 acres-257
5-10 acres14715
10-20 acres-113
20-50 acres-123
50-100 acres--13
100+ acres1122
TOTAL5224784
📊 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 acres37 sold / 47 listed
1-2 acres14 sold / 9 listed
2-5 acres7 sold / 10 listed
5-10 acres15 sold / 4 listed
10-20 acres3 sold / 4 listed
20-50 acres3 sold / 4 listed
50-100 acres3 sold / 1 listed
100+ acres2 sold / 4 listed

Median Price by Acreage

$0$538K$1.1M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$8.4M
Last 12 months
Active Listings
92
Current inventory
Avg Days on Market
154
Time to sell
Price Trend (YoY)
+233.3%
Year over year

Somerset County, Pennsylvania Land Market Analysis

How much is land worth in Somerset County, Pennsylvania?

The median price for land in Somerset 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 $14K while premium lots reached $195K.

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

Somerset County, Pennsylvania is currently a strong buyer's market with 12.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 233.3% year-over-year.

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

Somerset County, Pennsylvania currently has 12.5 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 Somerset County, Pennsylvania last year?

Over the past 12 months, Somerset County, Pennsylvania saw 84 properties sold, totaling $8.4M in sales volume. In just the last 3 months, 22 properties changed hands.

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

Land in Somerset County, Pennsylvania averages $237K per acre. The median price per acre is $24K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.

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

The median land price in Somerset County, Pennsylvania stands at $35K. This translates to roughly $24K per acre for the typical parcel size. The average price is $101K, indicating some higher-priced properties pulling up the average.

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

The 3-month absorption rate in Somerset County, Pennsylvania is 8.0%. The 12-month rate is 7.6%. 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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