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Parke County, Indiana Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
47
Sold (12M)
12
Median Price
$40K
Market Condition
Strong Buyer's Market

Parke County, Indiana Market Meter

Buyer'sSeller's
Strong Buyer's Market

20.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$40K
Avg Price/Acre
$17K
Avg Days on Market
144
Months of Supply
20.1
YoY Price Change
-
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1344
1-2 acres1223
2-5 acres---1
5-10 acres----
10-20 acres1111
20-50 acres---2
50-100 acres1111
100+ acres----
TOTAL47812
📊 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 acres4 sold / 18 listed
1-2 acres3 sold / 7 listed
2-5 acres1 sold / 0 listed
5-10 acres0 sold / 1 listed
10-20 acres1 sold / 1 listed
20-50 acres2 sold / 0 listed
50-100 acres1 sold / 1 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$550K$1.1M
0- 1
1- 2
2- 5
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.2M
Last 12 months
Active Listings
47
Current inventory
Avg Days on Market
144
Time to sell
Price Trend (YoY)
-
Year over year

Parke County, Indiana Land Market Analysis

How much is land worth in Parke County, Indiana?

The median price for land in Parke County, Indiana is currently $17K per acre. For a typical parcel, the median sale price is $40K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $356K.

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

Parke County, Indiana is currently a strong buyer's market with 20.1 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 Parke County, Indiana?

Parke County, Indiana currently has 20.1 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 absorption rate for land in Parke County, Indiana?

The 3-month absorption rate in Parke County, Indiana is 5.0%. The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Parke County, Indiana?

There are currently 47 active listings in Parke County, Indiana. 3 new listings have hit the market in the last 90 days. The median asking price is $175K.

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

Over the past 12 months, Parke County, Indiana saw 12 properties sold, totaling $2.2M in sales volume. In just the last 3 months, 7 properties changed hands.

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

The current absorption rate in Parke County, Indiana is 5.0% (3-month basis), indicating slow demand. The top-performing broker in this market is CENTURY 21 Wheeler Realty.

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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