At a glance
- Median recorded price per acre, January 2025 to August 2026: $11,610 for 10 to 25 acres, $6,662 for 25 to 50, $4,230 for 50 to 100.
- Bigger tracts sell for less per acre.
- Rezonings of 10 acres or more with a recorded outcome, 2022 to 2026: 31 of 31 approved.
- Toyota’s battery plant at the Greensboro Randolph Megasite, near Liberty.
What land sold for
68 recorded sales of 10 to 100 acres, January 2025 to August 2026. Prices come from the excise tax stamps on each deed at the Register of Deeds. Some sales may include houses or other buildings.
| Tract size | Sales | Middle half, per acre | Median, per acre |
|---|---|---|---|
| 10 to 25 acres | 24 | $8,211 to $33,835 | $11,610 |
| 25 to 50 acres | 17 | $5,012 to $10,000 | $6,662 |
| 50 to 100 acres | 27 | $2,616 to $7,947 | $4,230 |
Middle half: half of the sales fell between these two prices per acre. Median: half sold for more, half for less. These are county records, not appraisals and not offers.
The rezoning record
| All cases | 148 |
|---|---|
| Approved | 92 |
| Denied | 4 |
| Outcome not recorded in the minutes | 52 |
| 10 acres or more, outcome recorded | 31 of 31 approved |
A rezoning isn’t approval to build a neighborhood, and a missing outcome in the minutes isn’t an approval. But the record says larger tracts changing use has not been unusual here.
What drives land value in Randolph County
Sewer
Land that can reach public sewer can hold more homes per acre, and that is usually the biggest single swing in what a builder can pay. Without sewer, each lot needs soil that passes for septic.
Road frontage
More frontage on a state-maintained road means more lots can be reached without building a new road. A tract with a narrow strip to the road, or only an easement, is worth less to a builder.
Zoning
What the county or town allows today, and how likely a change is. The recent record here has been favorable for larger tracts, but every case is decided on its own.
Growth near Liberty and Asheboro
New jobs at the megasite near Liberty, and the towns’ own growth, bring buyers for homes and builders for land. Land in the path of that growth draws more interest than land far from it.
Water supply watersheds
Parts of the county drain to drinking water reservoirs. Watershed rules can limit how many homes, or how much pavement, a tract can carry, which can hold down what a builder will pay.
On the megasite: Greensboro has said it will extend water and sewer near the megasite for industrial use. That line is for industry. Whether sewer ever reaches a particular road nearby is decided case by case, so don’t price your land as if it will.
What builders and buyers want in Randolph County
- 10 to 100 acres in the path of growth, especially around Liberty and Asheboro, where builders are buying.
- Land with a house on it, or the part of your land you don’t want to keep, split off with a survey so you keep the rest.
- Farms, timber land, and old industrial or storage sites, which can draw investors and businesses as well as builders.
- Family land owned by several heirs, once the title can be cleared.
Not every tract is a builder tract
Some land is worth more to a buyer who wants it for a home, a farm, or hunting than to a builder: a small tract with a nice house, land far from growth, or land whose best use isn’t homes. I’ll tell you which buyer pays the most for yours and market it to them. If a land specialist in your area would do better, I’ll refer you to one I trust. How I sell land.
More on Randolph
The story behind these numbers is in the Field Note What land actually sold for in Randolph County, NC. This page is updated every quarter with new recorded sales and rezonings.
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