Overview
- Realtor.com released its first nationwide analysis of for-sale land, drawing on listings from June 2016 through March 2026.
- Land supply remains constrained, with listings 23.6% below early 2019 levels and 426,986 parcels on the market in the first quarter of 2026.
- The median price per acre reached $62,365, up 76.6% since 2019, after a 0.5% year-over-year dip led by a 5.9% slide in Western markets.
- Prices differ by development stage, with raw acreage up 86.5% since 2019 versus a 53.3% gain for build-ready lots.
- Regional trends diverge, as the Northeast and Midwest posted the largest gains since 2019 and the West cooled, a pattern that can push up future homebuilding costs until more sites are prepared for construction.