NC State Extension Publications

Introduction

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This report provides statewide average standing timber (stumpage) prices for pine, oak, and mixed hardwood sawtimber; pine chip-n-saw; and pine and hardwood pulpwood, based on data from Timber Mart-South.

Timber prices can vary considerably; therefore, these averages may not reflect specific stumpage values for a particular stand of timber or within a specific region of the state. Given the variability of prices based on location, species, product, access, and distance to the mill, professional assistance is recommended for the valuation of your standing timber. For more information, visit Extension Forestry’s resources on selling timber.

Average stumpage prices - 1st Quarter 2024

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Average stumpage prices ($/ton) 1st Quarter 2024
Product Price Previous quarter Percent change
Pine pulpwood $ 6.12 $ 7.38 -17.1%
Pine chip-N-saw $ 19.96 $ 20.10 -0.7%
Pine sawtimber $ 30.12 $ 27.99 7.6%
Hardwood pulpwood $ 4.60 $ 4.70 -2.2%
Mixed hardwood sawtimber $ 24.86 $ 29.96 -17.0%
Oak sawtimber $ 42.44 $ 47.18 -10.1%

Average stumpage prices - 2nd Quarter 2024

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Average stumpage prices ($/ton) 2nd Quarter 2024
Product Price Previous quarter Percent change
Pine pulpwood $ 6.28 $ 6.12 2.5%
Pine chip-N-saw $ 22.07 $ 19.96 10.6%
Pine sawtimber $ 32.27 $ 30.12 7.1%
Hardwood pulpwood $ 5.79 $ 4.60 26.0%
Mixed hardwood sawtimber $ 25.21 $ 24.86 1.4%
Oak sawtimber $ 40.84 $ 42.44 -3.8%

Average stumpage prices - 3rd Quarter 2024

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Average stumpage prices ($/ton) 3rd Quarter 2024
Product Price Previous quarter Percent change
Pine pulpwood $ 7.40 $ 6.28 17.9%
Pine chip-N-saw $ 20.21 $ 22.07 -8.4%
Pine sawtimber $ 28.71 $ 32.27 -11.0%
Hardwood pulpwood $ 5.59 $ 5.79 -3.5%
Mixed hardwood sawtimber $ 27.26 $ 25.21 8.1%
Oak sawtimber $ 41.45 $ 40.84 1.5%

Average stumpage prices - 4th Quarter 2024

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Average stumpage prices ($/ton) 4th Quarter 2024
Product Price Previous quarter Percent change
Pine pulpwood $ 7.70 $ 7.40 4.0%
Pine chip-N-saw $ 20.34 $ 20.21 0.6%
Pine sawtimber $ 31.66 $ 28.71 10.3%
Hardwood pulpwood $ 5.69 $ 5.59 1.9%
Mixed hardwood sawtimber $ 30.10 $ 27.26 10.4%
Oak sawtimber $ 40.40 $ 41.45 -2.5%

Quarterly Price Trends by Species and Product Class

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Charts depicting the quarterly price trends by species and product class for 2025.

Graph depicting the average stumpage price for each quarter of 2024 by product class

Hardwood stumpage price trends by product class for 2024

A graph depicting quarterly pine stumpage price trends by product class for 2024

Pine stumpage price trends by product class for 2024

Conversion Factors

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Standardizing timber measurements ensures that buyers and sellers can accurately compare market data, as prices are often reported in weight (tons) while local contracts may still utilize volume-based units like board feet or cords. These factors allow for a precise translation between different regional measurement systems, ensuring that valuations remain consistent regardless of the unit of measure required by a specific mill or logger.

To convert quarterly prices from dollars per ton to conventional prices per thousand board feet (MBF) or per cord, apply the following factors:

Pine

Sawtimber (tons/1000 bd. ft. Scribner) 7.0

Chip-n-saw (tons/1000 bd. ft. Scribner) 8.0

Pulpwood/chip-n-saw (tons/st. cord) 2.68

Hardwood

Sawtimber (tons/1000 bd. ft. Doyle) 9.0

Pulpwood/chip-n-saw (tons/st. cord) 2.9

Author

Associate Dean for Extension, Professor
Forestry & Environmental Resources

Publication date: March 5, 2026

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