Comprehensive market data and analysis• Updated Dec 2025
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | 1 | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 3 | 3 |
Acreage buckets
The median price for land in Monterey, Indiana is currently $10K per acre. For a typical parcel, the median sale price is $20K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $9K while premium lots reached $120K.
Monterey, Indiana is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Monterey, Indiana currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Monterey, Indiana saw 3 properties sold, totaling $172K in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Monterey, Indiana typically sells within 21 days of listing. The median time on market is 21 days. Properties are moving quickly in the current strong buyer's market.
The median land price in Monterey, Indiana stands at $20K. This translates to roughly $10K per acre for the typical parcel size. The average price is $57K, indicating some higher-priced properties pulling up the average.
There are currently 8 active listings in Monterey, Indiana. The median asking price is $6K.
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.