Comprehensive market data and analysis• Updated Dec 2025
10.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 5 | 21 | 41 | 79 |
| 1-2 acres | - | 1 | 2 | 2 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 22 | 44 | 83 |
Acreage buckets
The median price for land in Cleveland, Ohio is currently $52K per acre. For a typical parcel, the median sale price is $9K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $3K while premium lots reached $123K.
Cleveland, Ohio is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 88.4% year-over-year.
Cleveland, Ohio currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Cleveland, Ohio typically sells within 100 days of listing. The median time on market is 56 days. Properties are moving at a moderate pace in the current buyer's market.
The 3-month absorption rate in Cleveland, Ohio is 9.5%. The 12-month rate is 9.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Cleveland, Ohio averages $249K per acre. The median price per acre is $52K, which may be more representative of typical transactions. Most parcels sold are around 5,410 sq ft.
Over the past 12 months, Cleveland, Ohio saw 83 properties sold, totaling $2.7M in sales volume. In just the last 3 months, 22 properties changed hands.
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.
