Comprehensive market data and analysis• Updated Dec 2025
15.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 4 | 9 | 17 | 31 |
| 1-2 acres | - | - | 1 | 7 |
| 2-5 acres | 1 | 1 | 7 | 9 |
| 5-10 acres | - | - | 1 | 4 |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | 1 | 1 | 2 | 3 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 6 | 11 | 29 | 58 |
Acreage buckets
The median price for land in Boone County, Indiana is currently $400K per acre. For a typical parcel, the median sale price is $395K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $151K while premium lots reached $782K.
Boone County, Indiana is currently a strong buyer's market with 15.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 12.0% year-over-year.
Boone County, Indiana currently has 15.3 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Boone County, Indiana is 6.5%. The 12-month rate is 8.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Boone County, Indiana saw 58 properties sold, totaling $29.2M in sales volume. In just the last 3 months, 11 properties changed hands.
The current absorption rate in Boone County, Indiana is 6.5% (3-month basis), indicating slow demand. With appreciating values (+12.0% YoY), the market shows growth potential. The top-performing broker in this market is CENTURY 21 Scheetz.
Land in Boone County, Indiana averages $524K per acre. The median price per acre is $400K, which may be more representative of typical transactions. Most parcels sold are around 34,195 sq ft.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
