Comprehensive market data and analysis• Updated Dec 2025
46.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 3 | 7 |
| 1-2 acres | 1 | 2 | 2 | 5 |
| 2-5 acres | - | - | 2 | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 4 | 7 | 15 |
Acreage buckets
The median price for land in Cedar Lake, Indiana is currently $204K per acre. For a typical parcel, the median sale price is $115K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $387K.
Cedar Lake, Indiana is currently a strong buyer's market with 46.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 26.2% year-over-year.
Cedar Lake, Indiana currently has 46.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Cedar Lake, Indiana typically sells within 321 days of listing. The median time on market is 260 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Cedar Lake, Indiana is 2.1% (3-month basis), indicating slow demand. With depreciating values (-26.2% YoY), buyers may find value opportunities. The top-performing broker in this market is McColly Real Estate.
Land in Cedar Lake, Indiana averages $209K per acre. The median price per acre is $204K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.
There are currently 62 active listings in Cedar Lake, Indiana. 13 new listings have hit the market in the last 90 days. The median asking price is $116K.
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.
