Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 4 |
Acreage buckets
The median price for land in Shipshewana, Indiana is currently $78K per acre. For a typical parcel, the median sale price is $73K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $215K.
There are currently 1 active listings in Shipshewana, Indiana. 1 new listings have hit the market in the last 90 days. The median asking price is $300K.
The top-performing broker in this market is McKinnies Realty, LLC Elkhart.
The 12-month rate is 33.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Shipshewana, Indiana saw 4 properties sold, totaling $445K in sales volume.
Land in Shipshewana, Indiana typically sells within 19 days of listing. The median time on market is 23 days. Properties are moving quickly in the current strong buyer's market.
Land in Shipshewana, Indiana averages $88K per acre. The median price per acre is $78K, which may be more representative of typical transactions. Most parcels sold are around 28,314 sq ft.
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.