Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 3 |
Acreage buckets
The median price for land in Lapel, Indiana is currently $37K per acre. For a typical parcel, the median sale price is $195K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $42K while premium lots reached $219K.
There are currently 5 active listings in Lapel, Indiana. 4 new listings have hit the market in the last 90 days. The median asking price is $11.5M.
Over the past 12 months, Lapel, Indiana saw 3 properties sold, totaling $424K in sales volume.
Land in Lapel, Indiana typically sells within 26 days of listing. The median time on market is 15 days. Properties are moving quickly in the current strong buyer's market.
The top-performing broker in this market is F.C. Tucker Company.
The median land price in Lapel, Indiana stands at $195K. This translates to roughly $37K per acre for the typical parcel size. The average price is $141K, showing a fairly consistent market.
The 12-month rate is 5.0%. 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.
