Comprehensive market data and analysis• Updated Oct 2026
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 | 1 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 3 |
Acreage buckets
The median price for land in Lapel, Indiana is currently $135K per acre. For a typical parcel, the median sale price is $49K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $44K while premium lots reached $54K.
Lapel, 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.
Lapel, 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 Lapel, Indiana. The median asking price is $10.2M.
Over the past 12 months, Lapel, Indiana saw 2 properties sold, totaling $98K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Lapel, Indiana typically sells within 8 days of listing. The median time on market is 8 days. Properties are moving quickly in the current strong buyer's market.
The current absorption rate in Lapel, Indiana is 6.7% (3-month basis), indicating slow demand. The top-performing broker in this market is RE/MAX At The Crossing.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Lapel on LandyDandy.
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