Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Norfolk Sold Land Prices — August 2025
3 land parcels sold in Norfolk in August 2025. Average sold price $340,367. 66.7% sold below asking — buyers have negotiating room.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| Ottawa | $569,592 | $475,000 | 93.0% | 130d | 🧊 Buyers |
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3 land parcels sold in Norfolk in August 2025. The average sold price was $340,367 and the median was $460,000. The average is 26% higher than the median.
33.3% of land parcels in Norfolk sold above asking in August 2025, with an average sale-to-list ratio of 93.9%. On average, parcels sold at or below the listed price.
Land in Norfolk took an average of 151 days to sell in August 2025, which is slower-moving, giving buyers more time to negotiate. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In August 2025, land in Norfolk sold between $100,000 and $461,100. This includes lots, acreage, and agricultural parcels. The average sold price was $340,367 and the median was $460,000.
The average land sale price in Norfolk in August 2025 was $340,367, which is $170,325 below the Ontario average of $510,692. The Ontario average for the same period was $510,692.
Data note: Based on MLS® land sale transaction data for Norfolk, Ontario. Not official TRREB or CREA data. For general research only.
