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Grand Rapids, Ohio Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
5
Sold (12M)
4
Median Price
$53K
Market Condition
Strong Buyer's Market

Grand Rapids, Ohio Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$53K
Avg Price/Acre
$39K
Avg Days on Market
42
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres---3
2-5 acres--11
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0014
📊 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 acres0 sold / 1 listed
1-2 acres3 sold / 2 listed
2-5 acres1 sold / 1 listed
5-10 acres0 sold / 1 listed

Median Price by Acreage

$0$27K$53K
1- 2
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$180K
Last 12 months
Active Listings
5
Current inventory
Avg Days on Market
42
Time to sell
Price Trend (YoY)
-
Year over year

Grand Rapids, Ohio Land Market Analysis

How much is land worth in Grand Rapids, Ohio?

The median price for land in Grand Rapids, Ohio is currently $39K per acre. For a typical parcel, the median sale price is $53K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $53K.

What is the average price per acre in Grand Rapids, Ohio?

Land in Grand Rapids, Ohio averages $33K per acre. The median price per acre is $39K, which may be more representative of typical transactions. Most parcels sold are around 1.4 acres.

What is the median land price in Grand Rapids, Ohio?

The median land price in Grand Rapids, Ohio stands at $53K. This translates to roughly $39K per acre for the typical parcel size. The average price is $45K, showing a fairly consistent market.

What is the absorption rate for land in Grand Rapids, Ohio?

The 12-month rate is 6.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Grand Rapids, Ohio?

The top-performing broker in this market is Whalen Realty and Auction LTD.

How long does it take to sell land in Grand Rapids, Ohio?

Land in Grand Rapids, Ohio typically sells within 42 days of listing. The median time on market is 42 days. Properties are moving quickly in the current strong buyer's market.

What is the total land for sale in Grand Rapids, Ohio?

There are currently 5 active listings in Grand Rapids, Ohio. 1 new listings have hit the market in the last 90 days. The median asking price is $85K.

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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