Merit, Texas Land Market Statistics

Comprehensive market data and analysis

Limited data available for Merit, Texas

We're showing Texas County statistics below to give you a broader market picture. As more transactions occur in Merit, Texas, we'll update with specific local data.

View nearby areas with more activity:

Abbott Abernathy Abilene Ace Ackerly

Merit, Texas Market Meter

Strong Buyer's Market

47.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

141

Months of Supply

47.3

YoY Price Change

New Listings (3M)

16,507

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
No acreage data available for Merit, Texas

📊 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)

No inventory data available

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

59,122

Current inventory

Avg Days on Market

141

Time to sell

Price Trend (YoY)

Year over year

Merit, Texas Land Market Analysis

Is now a good time to buy land in the Texas area?

the Texas area is currently a strong buyer's market with 47.3 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in the Texas area?

the Texas area currently has 47.3 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

Is now a good time to invest in land in the Texas area?

The current absorption rate in the Texas area is 2.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Keller Williams Heritage.

What is the total land for sale in the Texas area?

There are currently 59,122 active listings in the Texas area. 16,507 new listings have hit the market in the last 90 days. The median asking price is $145K.

What is the total amount sold in the Texas area last year?

Over the past 12 months, the Texas area saw 17,199 properties sold. In just the last 3 months, 3,747 properties changed hands.

What is the absorption rate for land in the Texas area?

The 3-month absorption rate in the Texas area is 2.1%. The 12-month rate is 2.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

How long does it take to sell land in the Texas area?

Land in the Texas area typically sells within 141 days of listing. The median time on market is 81 days. Properties are moving slowly in the current strong buyer's market.

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.