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 | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 3 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 3 | 3 |
Acreage buckets
The median price for land in North Salem, Indiana is currently $15K per acre. For a typical parcel, the median sale price is $390K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $316K while premium lots reached $498K.
The median land price in North Salem, Indiana stands at $390K. This translates to roughly $15K per acre for the typical parcel size. The average price is $404K, indicating some higher-priced properties pulling up the average.
Land in North Salem, Indiana averages $18K per acre. The median price per acre is $15K, which may be more representative of typical transactions. Most parcels sold are around 20.6 acres.
Land in North Salem, Indiana typically sells within 102 days of listing. The median time on market is 102 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, North Salem, Indiana saw 3 properties sold, totaling $1.2M in sales volume.
The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The top-performing broker in this market is Mossy Oak Properties.
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.
