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Roanoke, Indiana Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
5
Sold (12M)
7
Median Price
$345K
Market Condition
Balanced Market

Roanoke, Indiana Market Meter

Buyer'sSeller's
Balanced Market

7.5 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$345K
Avg Price/Acre
$34K
Avg Days on Market
23
Months of Supply
7.5
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres-111
2-5 acres---1
5-10 acres--12
10-20 acres---1
20-50 acres-112
50-100 acres----
100+ acres----
TOTAL0237
📊 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 acres0 sold / 2 listed
1-2 acres1 sold / 0 listed
2-5 acres1 sold / 1 listed
5-10 acres2 sold / 1 listed
10-20 acres1 sold / 0 listed
20-50 acres2 sold / 1 listed

Median Price by Acreage

$0$368K$736K
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.5M
Last 12 months
Active Listings
5
Current inventory
Avg Days on Market
23
Time to sell
Price Trend (YoY)
-
Year over year

Roanoke, Indiana Land Market Analysis

How much is land worth in Roanoke, Indiana?

The median price for land in Roanoke, Indiana is currently $34K per acre. For a typical parcel, the median sale price is $345K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $84K while premium lots reached $723K.

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

Roanoke, Indiana is currently a balanced market with 7.5 months of supply. Conditions favor neither buyers nor sellers significantly.

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

Roanoke, Indiana currently has 7.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the absorption rate for land in Roanoke, Indiana?

The 3-month absorption rate in Roanoke, Indiana is 13.3%. The 12-month rate is 11.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Roanoke, Indiana?

The median land price in Roanoke, Indiana stands at $345K. This translates to roughly $34K per acre for the typical parcel size. The average price is $363K, indicating some higher-priced properties pulling up the average.

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

The current absorption rate in Roanoke, Indiana is 13.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Encore Sotheby's International Realty.

What is the average price per acre in Roanoke, Indiana?

Land in Roanoke, Indiana averages $34K per acre. The median price per acre is $34K, which may be more representative of typical transactions. Most parcels sold are around 7.2 acres.

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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