That $100 is only low for highly developed wealthy areas.
Square feet of livable housing is cheaper than that in most of the country.
Undeveloped land probably mostly sells for less than $0.10 a square foot (that's still high at $4000 an acre). But that's partly because large sales of relatively isolated land will dominate the acreage transferred.
Square feet of livable housing is cheaper than that in most of the country.
Undeveloped land probably mostly sells for less than $0.10 a square foot (that's still high at $4000 an acre). But that's partly because large sales of relatively isolated land will dominate the acreage transferred.