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Otterbein, Indiana Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
11
Sold (12M)
2
Median Price
$95K
Market Condition
Strong Buyer's Market

Otterbein, Indiana Market Meter

Buyer'sSeller's
Strong Buyer's Market

33.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$95K
Avg Price/Acre
$66K
Avg Days on Market
81
Months of Supply
33.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--11
1-2 acres----
2-5 acres-111
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0122
📊 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 acres1 sold / 0 listed
1-2 acres0 sold / 10 listed
2-5 acres1 sold / 1 listed

Median Price by Acreage

$0$70K$140K
0- 1
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$190K
Last 12 months
Active Listings
11
Current inventory
Avg Days on Market
81
Time to sell
Price Trend (YoY)
-
Year over year

Otterbein, Indiana Land Market Analysis

How much is land worth in Otterbein, Indiana?

The median price for land in Otterbein, Indiana is currently $66K per acre. For a typical parcel, the median sale price is $95K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $59K while premium lots reached $131K.

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

Otterbein, Indiana is currently a strong buyer's market with 33.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Otterbein, Indiana currently has 33.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total land for sale in Otterbein, Indiana?

There are currently 11 active listings in Otterbein, Indiana. The median asking price is $70K.

How long does it take to sell land in Otterbein, Indiana?

Land in Otterbein, Indiana typically sells within 81 days of listing. The median time on market is 81 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

The current absorption rate in Otterbein, Indiana is 3.0% (3-month basis), indicating slow demand. The top-performing broker in this market is Trueblood Real Estate.

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

Over the past 12 months, Otterbein, Indiana saw 2 properties sold, totaling $190K in sales volume. In just the last 3 months, 1 properties changed hands.

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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