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Erie County, Ohio Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
65
Sold (12M)
92
Median Price
$64K
Market Condition
Strong Buyer's Market

Erie County, Ohio Market Meter

Buyer'sSeller's
Strong Buyer's Market

17.7 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$64K
Avg Price/Acre
$131K
Avg Days on Market
170
Months of Supply
17.7
YoY Price Change
+102.5%
New Listings (3M)
26

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres162057
1-2 acres131017
2-5 acres1125
5-10 acres-115
10-20 acres---4
20-50 acres---4
50-100 acres----
100+ acres----
TOTAL3113392
📊 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 acres57 sold / 40 listed
1-2 acres17 sold / 6 listed
2-5 acres5 sold / 4 listed
5-10 acres5 sold / 4 listed
10-20 acres4 sold / 1 listed
20-50 acres4 sold / 7 listed
50-100 acres0 sold / 2 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$197K$394K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$8.7M
Last 12 months
Active Listings
65
Current inventory
Avg Days on Market
170
Time to sell
Price Trend (YoY)
+102.5%
Year over year

Erie County, Ohio Land Market Analysis

How much is land worth in Erie County, Ohio?

The median price for land in Erie County, Ohio is currently $131K per acre. For a typical parcel, the median sale price is $64K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $19K while premium lots reached $182K.

Is now a good time to buy land in Erie County, Ohio?

Erie County, Ohio is currently a strong buyer's market with 17.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 102.5% year-over-year.

What is the months of supply for land in Erie County, Ohio?

Erie County, Ohio currently has 17.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the total land for sale in Erie County, Ohio?

There are currently 65 active listings in Erie County, Ohio. 26 new listings have hit the market in the last 90 days. The median asking price is $111K.

What is the average price per acre in Erie County, Ohio?

Land in Erie County, Ohio averages $163K per acre. The median price per acre is $131K, which may be more representative of typical transactions. Most parcels sold are around 18,324 sq ft.

Is now a good time to invest in land in Erie County, Ohio?

The current absorption rate in Erie County, Ohio is 5.6% (3-month basis), indicating slow demand. With appreciating values (+102.5% YoY), the market shows growth potential. The top-performing broker in this market is Simply Better Realty, LLC.

What is the total amount sold in Erie County, Ohio last year?

Over the past 12 months, Erie County, Ohio saw 92 properties sold, totaling $8.7M in sales volume. In just the last 3 months, 11 properties changed hands.

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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