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North Manchester, Indiana Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
10
Median Price
$150K
Market Condition
Very Hot Seller's Market

North Manchester, Indiana Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$150K
Avg Price/Acre
$50K
Avg Days on Market
50
Months of Supply
0.5
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-345
1-2 acres----
2-5 acres----
5-10 acres-111
10-20 acres----
20-50 acres--22
50-100 acres-222
100+ acres----
TOTAL06910
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres5 sold / 1 listed
5-10 acres1 sold / 0 listed
20-50 acres2 sold / 0 listed
50-100 acres2 sold / 0 listed

Median Price by Acreage

$0$440K$880K
0- 1
5- 10
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.8M
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
50
Time to sell
Price Trend (YoY)
-
Year over year

North Manchester, Indiana Land Market Analysis

How much is land worth in North Manchester, Indiana?

The median price for land in North Manchester, Indiana is currently $50K per acre. For a typical parcel, the median sale price is $150K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $24K while premium lots reached $783K.

Is now a good time to buy land in North Manchester, Indiana?

North Manchester, Indiana is currently a very hot seller's market with 0.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in North Manchester, Indiana?

North Manchester, Indiana currently has 0.5 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

Is now a good time to invest in land in North Manchester, Indiana?

The current absorption rate in North Manchester, Indiana is 200.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Metzger Property Services, LLC.

What is the total amount sold in North Manchester, Indiana last year?

Over the past 12 months, North Manchester, Indiana saw 10 properties sold, totaling $2.8M in sales volume. In just the last 3 months, 6 properties changed hands.

What is the average price per acre in North Manchester, Indiana?

Land in North Manchester, Indiana averages $69K per acre. The median price per acre is $50K, which may be more representative of typical transactions. Most parcels sold are around 3.1 acres.

What is the median land price in North Manchester, Indiana?

The median land price in North Manchester, Indiana stands at $150K. This translates to roughly $50K per acre for the typical parcel size. The average price is $275K, indicating some higher-priced properties pulling up the average.

Data Sources & Accuracy

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.

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