Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 7 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 2 | 7 |
Acreage buckets
The median price for land in Lake Station, Indiana is currently $34K per acre. For a typical parcel, the median sale price is $9K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $1K while premium lots reached $20K.
Lake Station, Indiana is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 60.0% year-over-year.
Lake Station, Indiana currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 5 active listings in Lake Station, Indiana. 1 new listings have hit the market in the last 90 days. The median asking price is $35K.
The 3-month absorption rate in Lake Station, Indiana is 6.7%. The 12-month rate is 11.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Lake Station, Indiana typically sells within 146 days of listing. The median time on market is 167 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Lake Station, Indiana stands at $9K. This translates to roughly $34K per acre for the typical parcel size. The average price is $9K, indicating some higher-priced properties pulling up the average.
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.