Comprehensive market data and analysis• Updated Oct 2026
14.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 146 | 511 | 1,057 | 2,081 |
| 1-2 acres | 31 | 98 | 221 | 381 |
| 2-5 acres | 53 | 143 | 302 | 538 |
| 5-10 acres | 36 | 120 | 236 | 421 |
| 10-20 acres | 32 | 97 | 199 | 407 |
| 20-50 acres | 40 | 96 | 187 | 412 |
| 50-100 acres | 11 | 42 | 87 | 180 |
| 100+ acres | 5 | 20 | 36 | 92 |
| TOTAL | 354 | 1,127 | 2,325 | 4,512 |
Acreage buckets
The median price for land in Indiana is currently $40K per acre. For a typical parcel, the median sale price is $81K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $425K.
Indiana is currently a strong buyer's market with 14.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 8.7% year-over-year.
Indiana currently has 14.4 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Indiana typically sells within 140 days of listing. The median time on market is 55 days. Properties are moving slowly in the current strong buyer's market.
Average farm real estate in Indiana is valued at $8K/acre. Cropland specifically averages $8K/acre. Pasture land averages $3K/acre. (Data from 2023)
The current absorption rate in Indiana is 7.0% (3-month basis), indicating slow demand. With appreciating values (+8.7% YoY), the market shows growth potential. The top-performing broker in this market is F.C. Tucker Company.
Over the past 12 months, Indiana saw 4,517 properties sold, totaling $839.5M in sales volume. In just the last 3 months, 1,129 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Indiana on LandyDandy.
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