Sell Your Land inOtsego County, NY
EasyLotBuyer provides cash offers for vacant land in Otsego County, New York. With 80 active land listings and a median sale price of $55K, we use real market data to ensure you receive a fair offer. We serve all 10 communities including Cherry Valley, Cooperstown, Gilbertsville and more.
Why Sell Your Otsego County Land to Us?
- We know the Otsego County land market and provide fair, data-driven offers
- Three offer types: fast cash, higher cash, or owner financing for maximum value
- We handle all New York closing requirements, including required attorney coordination, and title work
Land Market in Otsego County, New York — Current Data
Real-time land market statistics for Otsego County based on recent sales and active listings.
Higher inventory gives buyers more choices and negotiating power.
| Metric | Otsego County | NY Avg |
|---|---|---|
| Median Sale Price | $54,500 | $80,000 |
| Median Price per Acre | $6K | $18K |
| Active Listings | 80 | 6,005 |
| Sold (Last 12 Mo) | 104 | 5,603 |
| Avg Days on Market | 108 days | 118 days |
| Price Change (YoY) | -81.9% | +40.0% |
| Months of Supply | 10.9 | 13.3 |
| Sell-Through Rate | 8.1% | — |
The Otsego County land market is currently a buyer's market with 10.9 months of supply. Over the past 12 months, 104 land parcels have sold in the county, totaling $8.7M in transaction volume. Land prices have decreased 81.9% year-over-year. The median price per acre in Otsego County ($6K) is below the New York statewide average of $18K.
Land Prices by Acreage in Otsego County
How land values in Otsego County vary by parcel size, based on recent sales data.
| Acreage | Median Price | $/Acre | Sold (12mo) | For Sale | Avg DOM |
|---|---|---|---|---|---|
| Under 1 Acre | $19K | $44K | 16 | 6 | 85d |
| 1-2 Acres | $52K | $42K | 4 | 3 | 6d |
| 2-5 Acres | $27K | $8K | 7 | 5 | 109d |
| 5-10 Acres | $42K | $6K | 30 | 18 | 128d |
| 10-20 Acres | $60K | $4K | 19 | 23 | 64d |
| 20-50 Acres | $87K | $3K | 12 | 13 | 85d |
| 50-100 Acres | $135K | $2K | 10 | 4 | 200d |
| 100+ Acres | $292K | $2K | 6 | 8 | 165d |
Small parcels (Under 1 Acre) in Otsego County sell for a median of $44K/acre, while larger parcels (100+ Acres) average $2K/acre — a 96% difference per acre. This per-acre discount for larger parcels is typical across most land markets.
Want to know what your specific parcel is worth?
These are county-wide averages. Your land's value depends on location, road access, utilities, zoning, and other factors. Submit your property above for a personalized cash offer based on your parcel's specific characteristics.
How to Sell Land in Otsego County — 3 Simple Steps
Submit Your Property
Tell us about your Otsego County land — location, acreage, and your contact info. Takes less than 2 minutes.
Get Your Cash Offer
We research your parcel using Otsego County county records, comparable sales, and market data to provide a fair offer within 24 hours.
Close & Get Paid
We coordinate with a New York attorney, handle all New York closing requirements, and pay via wire transfer or cashier's check.
Sell Land in New York Without a Realtor
Compare your options for selling land in Otsego County. Traditional listings can take months — we close in days.
Real Estate Agent | Sell By Owner (FSBO) | EasyLotBuyer | |
|---|---|---|---|
| Time to Sell | 108+ days avg | 140+ days avg | 7-14 days |
| Commission/Fees | 6-10% of sale price | Listing fees + closing costs | $0 — we pay all costs |
| Closing Costs | Transfer tax: $2.00 per $500 (state) + NYC has additional tax | Transfer tax: $2.00 per $500 (state) + NYC has additional tax | We cover everything |
| Repairs/Prep | Survey, clearing may be needed | Survey, clearing, signage | We buy as-is |
| Showings | Multiple site visits | You manage all showings | No showings needed |
| Certainty | Buyer financing may fall through | High risk of no sale | Guaranteed cash close |
Land in Otsego County takes an average of 108 days to sell through traditional channels. By selling directly to EasyLotBuyer, you can skip the listing process entirely and close in as few as 7 days with a guaranteed cash offer.
Taxes and Closing Costs for Selling Land in New York
Capital Gains Tax
When you sell land in New York for more than you paid, the profit is subject to capital gains tax. If you've held the property for more than one year, you'll pay long-term capital gains rates (0%, 15%, or 20% federally, depending on your income).
State tax: New York has a graduated income tax from 4% to 10.9%, plus NYC tax if applicable. Capital gains are typically taxed as regular income at the state level.
Closing Costs in New York
Transfer Tax
$2.00 per $500 (state) + NYC has additional tax
Typically paid by: seller
Recording Fees
$75-$150
When you sell to EasyLotBuyer, we cover all closing costs including transfer taxes, recording fees, title search, and title insurance. The cash offer you receive is the amount you take home.
Attorney & Closing Requirements
New York requires an attorney to be involved in real estate closings. All land transactions must be supervised by a licensed attorney.
New York requires seller disclosures for real property transfers. When you sell to EasyLotBuyer, we guide you through any required disclosures and handle all paperwork.
Mineral Rights in New York
Mineral rights can be severed, though this is uncommon in most of New York. If you're unsure about the mineral rights status of your property, include this information when you submit your property details and our team will research it during due diligence.
Frequently Asked Questions About Selling Land in Otsego County
Common questions from Otsego County, New York landowners considering selling their property.
The median price per acre for land in Otsego County is $6K, with a median sale price of $54,500. Recent sales range from $17,620 to $195,430. Actual value depends on location, size, road access, utilities, zoning, and other parcel-specific factors. Submit your property details for a free personalized valuation.
Cities & Towns in Otsego County
We buy vacant land near all cities and towns in Otsego County, New York. Whether your property is inside city limits or in an unincorporated area, we'll make you a fair cash offer.
Sell Land in Nearby Counties
We also buy land in these neighboring counties. Click to see local market data and get a cash offer.