Comprehensive market data and analysis• Updated Dec 2025
14.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 2 | 5 |
| 5-10 acres | - | 2 | 3 | 3 |
| 10-20 acres | 1 | 1 | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 7 | 12 |
Acreage buckets
The median price for land in Pendleton, Indiana is currently $46K per acre. For a typical parcel, the median sale price is $184K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $102K while premium lots reached $259K.
Pendleton, Indiana is currently a strong buyer's market with 14.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 11.9% year-over-year.
Pendleton, Indiana currently has 14.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Pendleton, Indiana is 7.1%. The 12-month rate is 7.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Pendleton, Indiana is 7.1% (3-month basis), indicating slow demand. With depreciating values (-11.9% YoY), buyers may find value opportunities. The top-performing broker in this market is Mossy Oak Properties.
Land in Pendleton, Indiana typically sells within 27 days of listing. The median time on market is 20 days. Properties are moving quickly in the current strong buyer's market.
There are currently 14 active listings in Pendleton, Indiana. 6 new listings have hit the market in the last 90 days. The median asking price is $700K.
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.
