Comprehensive market data and analysis• Updated Dec 2025
10.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 8 | 14 | 34 |
| 1-2 acres | - | 4 | 5 | 8 |
| 2-5 acres | 2 | 3 | 4 | 7 |
| 5-10 acres | - | - | 1 | 4 |
| 10-20 acres | 1 | 1 | 1 | 1 |
| 20-50 acres | - | - | 3 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 5 | 16 | 28 | 58 |
Acreage buckets
The median price for land in Elkhart County, Indiana is currently $54K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $176K.
Elkhart County, Indiana is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 447.6% year-over-year.
Elkhart County, Indiana currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The median land price in Elkhart County, Indiana stands at $45K. This translates to roughly $54K per acre for the typical parcel size. The average price is $113K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Elkhart County, Indiana is 9.5%. 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, Elkhart County, Indiana saw 58 properties sold, totaling $6.6M in sales volume. In just the last 3 months, 16 properties changed hands.
Land in Elkhart County, Indiana typically sells within 73 days of listing. The median time on market is 29 days. Properties are moving at a moderate pace in the current buyer's market.
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.
