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 | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Morristown, Indiana is currently $16K per acre. For a typical parcel, the median sale price is $59K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $19K while premium lots reached $100K.
Over the past 12 months, Morristown, Indiana saw 2 properties sold, totaling $119K in sales volume.
The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Morristown, Indiana stands at $59K. This translates to roughly $16K per acre for the typical parcel size.
Land in Morristown, Indiana averages $16K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 3.8 acres.
There are currently 1 active listings in Morristown, Indiana. 1 new listings have hit the market in the last 90 days. The median asking price is $108K.
The top-performing broker in this market is Runnebohm Realty, LLC.
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.
