Comprehensive market data and analysis• Updated Dec 2025
45.0 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 | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Leo, Indiana is currently $169K per acre. For a typical parcel, the median sale price is $559K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $206K while premium lots reached $912K.
Leo, Indiana is currently a strong buyer's market with 45.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Leo, Indiana currently has 45.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Leo, Indiana is 2.2% (3-month basis), indicating slow demand. The top-performing broker in this market is RE/MAX Results.
There are currently 15 active listings in Leo, Indiana. 9 new listings have hit the market in the last 90 days. The median asking price is $150K.
Over the past 12 months, Leo, Indiana saw 2 properties sold, totaling $1.1M in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Leo, Indiana typically sells within 20 days of listing. The median time on market is 20 days. Properties are moving quickly in the current strong buyer's market.
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.
