Comprehensive market data and analysis• Updated Dec 2025
4.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 5 | 6 | 6 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 6 | 7 | 9 |
Acreage buckets
The median price for land in Ellettsville, Indiana is currently $160K per acre. For a typical parcel, the median sale price is $110K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $84K while premium lots reached $331K.
Ellettsville, Indiana is currently a seller's market with 4.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 26.4% year-over-year.
Ellettsville, Indiana currently has 4.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Ellettsville, Indiana is 25.0%. The 12-month rate is 9.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Ellettsville, Indiana saw 9 properties sold, totaling $1.7M in sales volume. In just the last 3 months, 6 properties changed hands.
The current absorption rate in Ellettsville, Indiana is 25.0% (3-month basis), indicating strong demand. With depreciating values (-26.4% YoY), buyers may find value opportunities. The top-performing broker in this market is RE/MAX Acclaimed Properties.
Land in Ellettsville, Indiana averages $339K per acre. The median price per acre is $160K, which may be more representative of typical transactions. Most parcels sold are around 23,522 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.
