US Land Prices Climb 77 Percent Since Pandemic as Inventory Remains Low: Report

Raw land with no prior development has appreciated the most of any category, rising by 86.5 percent since the first quarter of 2019.

Completed and under construction new homes at a site in Trappe, Md., on Oct. 28, 2022. Jim Watson/AFP via Getty Images

Land prices across the United States over the last decade seem to be following the path of home prices, according to an April 21 report from Realtor.com.

In its first-ever land listing analysis, the national real estate listing database found that prices per acre have escalated by 76.6 percent from the first quarter of 2019 to the first quarter of 2026, while inventory has declined by 23.6 percent over the same period. During the first quarter of 2026, there were 426,986 land listings recorded, with a median price of $62,365 per acre.