Is now a good time to buy land in Gilmer, Texas?
Gilmer, Texas is currently a strong buyer's market with 21.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
21.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 9 | 22 |
| 1-2 acres | - | 2 | 5 | 14 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | 2 | 7 |
| 10-20 acres | - | 1 | 6 | 17 |
| 20-50 acres | - | 1 | 3 | 13 |
| 50-100 acres | 1 | 3 | 4 | 5 |
| 100+ acres | 1 | 1 | 2 | 2 |
| TOTAL | 2 | 12 | 31 | 81 |
Gilmer, Texas is currently a strong buyer's market with 21.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Gilmer, Texas currently has 21.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 146 active listings in Gilmer, Texas. 34 new listings have hit the market in the last 90 days. The median asking price is $100K.
Over the past 12 months, Gilmer, Texas saw 97 properties sold. In just the last 3 months, 20 properties changed hands.
Land in Gilmer, Texas typically sells within 153 days of listing. The median time on market is 119 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Gilmer, Texas is 4.6%. The 12-month rate is 5.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Gilmer, Texas is 4.6% (3-month basis), indicating slow demand. The top-performing broker in this market is Texas Real Estate Executives, The Daniels Group - Gilmer.
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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