Comprehensive market data and analysis• Updated Dec 2025
7.5 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 4 | 9 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | 1 | 2 | 2 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 4 | 9 | 17 |
Acreage buckets
The median price for land in Greencastle, Indiana is currently $46K per acre. For a typical parcel, the median sale price is $26K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $548K.
Greencastle, Indiana is currently a balanced market with 7.5 months of supply. Conditions favor neither buyers nor sellers significantly.
Greencastle, Indiana currently has 7.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in Greencastle, Indiana stands at $26K. This translates to roughly $46K per acre for the typical parcel size. The average price is $204K, indicating some higher-priced properties pulling up the average.
Land in Greencastle, Indiana typically sells within 102 days of listing. The median time on market is 28 days. Properties are moving at a moderate pace in the current balanced market.
Land in Greencastle, Indiana averages $77K per acre. The median price per acre is $46K, which may be more representative of typical transactions. Most parcels sold are around 13,504 sq ft.
The current absorption rate in Greencastle, Indiana is 13.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Prime Real Estate ERA Powered.
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.
