Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 1 | 2 | 6 |
Acreage buckets
The median price for land in Petersburg, Indiana is currently $9K per acre. For a typical parcel, the median sale price is $49K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $453K.
Petersburg, Indiana is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Petersburg, Indiana currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The median land price in Petersburg, Indiana stands at $49K. This translates to roughly $9K per acre for the typical parcel size. The average price is $170K, indicating some higher-priced properties pulling up the average.
Land in Petersburg, Indiana averages $15K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 4.7 acres.
Over the past 12 months, Petersburg, Indiana saw 6 properties sold, totaling $1.0M in sales volume. In just the last 3 months, 1 properties changed hands.
The 3-month absorption rate in Petersburg, Indiana is 6.7%. The 12-month rate is 10.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
