Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 5 |
| 1-2 acres | - | - | - | 3 |
| 2-5 acres | - | 1 | 3 | 7 |
| 5-10 acres | - | 1 | 1 | 2 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 6 | 20 |
Acreage buckets
The median price for land in Galena, Ohio is currently $149K per acre. For a typical parcel, the median sale price is $322K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $177K while premium lots reached $502K.
Galena, Ohio is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Galena, Ohio currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Galena, Ohio is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Ohio Property Group, LLC.
There are currently 6 active listings in Galena, Ohio. 3 new listings have hit the market in the last 90 days. The median asking price is $475K.
Over the past 12 months, Galena, Ohio saw 20 properties sold, totaling $6.9M in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Galena, Ohio averages $186K per acre. The median price per acre is $149K, which may be more representative of typical transactions. Most parcels sold are around 2.4 acres.
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.