Comprehensive market data and analysis• Updated Dec 2025
7.5 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 2 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 3 | 4 |
Acreage buckets
The median price for land in Memphis, Indiana is currently $48K per acre. For a typical parcel, the median sale price is $113K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $68K while premium lots reached $299K.
Memphis, Indiana is currently a balanced market with 7.5 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 172.7% year-over-year.
Memphis, Indiana currently has 7.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 5 active listings in Memphis, Indiana. 2 new listings have hit the market in the last 90 days. The median asking price is $215K.
Land in Memphis, Indiana typically sells within 120 days of listing. The median time on market is 105 days. Properties are moving slowly in the current balanced market.
Over the past 12 months, Memphis, Indiana saw 4 properties sold, totaling $653K in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Memphis, Indiana averages $57K per acre. The median price per acre is $48K, which may be more representative of typical transactions. Most parcels sold are around 2.4 acres.
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.
