Comprehensive market data and analysis• Updated Dec 2025
24.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 4 | 7 | 16 |
| 1-2 acres | - | - | 1 | 3 |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | - | 2 | 3 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 2 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 5 | 13 | 28 |
Acreage buckets
The median price for land in Chesterton, Indiana is currently $167K per acre. For a typical parcel, the median sale price is $93K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $311K.
Chesterton, Indiana is currently a strong buyer's market with 24.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Chesterton, Indiana currently has 24.0 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 Chesterton, Indiana typically sells within 199 days of listing. The median time on market is 107 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Chesterton, Indiana is 4.2% (3-month basis), indicating slow demand. The top-performing broker in this market is McColly Real Estate.
There are currently 40 active listings in Chesterton, Indiana. 6 new listings have hit the market in the last 90 days. The median asking price is $116K.
Land in Chesterton, Indiana averages $140K per acre. The median price per acre is $167K, which may be more representative of typical transactions. Most parcels sold are around 29,621 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.
