New Hill, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
25
Sold (12M)
30
Median Price
$413K
Market Condition
Balanced Market

New Hill, North Carolina Market Meter

Buyer'sSeller's
Balanced Market

6.2 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$413K
Avg Price/Acre
$163K
Avg Days on Market
100
Months of Supply
6.2
YoY Price Change
-
New Listings (3M)
21

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres--13
2-5 acres4121519
5-10 acres--13
10-20 acres--12
20-50 acres--12
50-100 acres----
100+ acres----
TOTAL4121930
📊 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 acres1 sold / 1 listed
1-2 acres3 sold / 6 listed
2-5 acres19 sold / 14 listed
5-10 acres3 sold / 2 listed
10-20 acres2 sold / 2 listed
20-50 acres2 sold / 0 listed

Median Price by Acreage

$0$675K$1.4M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$15.2M
Last 12 months
Active Listings
25
Current inventory
Avg Days on Market
100
Time to sell
Price Trend (YoY)
-
Year over year

New Hill, North Carolina Land Market Analysis

How much is land worth in New Hill, North Carolina?

The median price for land in New Hill, North Carolina is currently $163K per acre. For a typical parcel, the median sale price is $413K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $229K while premium lots reached $805K.

Is now a good time to buy land in New Hill, North Carolina?

New Hill, North Carolina is currently a balanced market with 6.2 months of supply. Conditions favor neither buyers nor sellers significantly.

What is the months of supply for land in New Hill, North Carolina?

New Hill, North Carolina currently has 6.2 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the average price per acre in New Hill, North Carolina?

Land in New Hill, North Carolina averages $264K per acre. The median price per acre is $163K, which may be more representative of typical transactions. Most parcels sold are around 2.4 acres.

How long does it take to sell land in New Hill, North Carolina?

Land in New Hill, North Carolina typically sells within 100 days of listing. The median time on market is 51 days. Properties are moving at a moderate pace in the current balanced market.

What is the absorption rate for land in New Hill, North Carolina?

The 3-month absorption rate in New Hill, North Carolina is 16.0%. The 12-month rate is 10.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in New Hill, North Carolina?

There are currently 25 active listings in New Hill, North Carolina. 21 new listings have hit the market in the last 90 days. The median asking price is $380K.

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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