Comprehensive market data and analysis• Updated Dec 2025
4.7 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 3 | 3 |
| 1-2 acres | - | 2 | 2 | 2 |
| 2-5 acres | 1 | 2 | 2 | 7 |
| 5-10 acres | - | - | 1 | 3 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 7 | 9 | 17 |
Acreage buckets
The median price for land in Galion, Ohio is currently $21K per acre. For a typical parcel, the median sale price is $75K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $206K.
Galion, Ohio is currently a seller's market with 4.7 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 96.6% year-over-year.
Galion, Ohio currently has 4.7 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Galion, Ohio typically sells within 110 days of listing. The median time on market is 96 days. Properties are moving at a moderate pace in the current seller's market.
The median land price in Galion, Ohio stands at $75K. This translates to roughly $21K per acre for the typical parcel size. The average price is $161K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Galion, Ohio saw 17 properties sold, totaling $2.7M in sales volume. In just the last 3 months, 7 properties changed hands.
The 3-month absorption rate in Galion, Ohio is 21.2%. The 12-month rate is 12.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
