How much is land worth in Waveland, Indiana?
The median price for land in Waveland, Indiana is currently $59K per acre. For a typical parcel, the median sale price is $35K. Recently, the cheapest land sold for $35K while premium lots reached $35K.
Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 2 |
Acreage buckets
The median price for land in Waveland, Indiana is currently $59K per acre. For a typical parcel, the median sale price is $35K. Recently, the cheapest land sold for $35K while premium lots reached $35K.
Waveland, Indiana is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Waveland, Indiana currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in Waveland, Indiana is 16.7%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Waveland, Indiana stands at $35K. This translates to roughly $59K per acre for the typical parcel size.
The current absorption rate in Waveland, Indiana is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Bentley Real Estate.
Land in Waveland, Indiana averages $59K per acre. The median price per acre is $59K, which may be more representative of typical transactions. Most parcels sold are around 25,875 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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