Comprehensive market data and analysis• Updated Dec 2025
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Griffith, Indiana is currently $28K per acre. For a typical parcel, the median sale price is $8K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $50K.
Griffith, Indiana is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Griffith, Indiana currently has 18.0 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 Griffith, Indiana typically sells within 94 days of listing. The median time on market is 94 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Griffith, Indiana saw 3 properties sold, totaling $74K in sales volume. In just the last 3 months, 1 properties changed hands.
The median land price in Griffith, Indiana stands at $8K. This translates to roughly $28K per acre for the typical parcel size. The average price is $25K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Griffith, Indiana is 5.6%. The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
