Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | 1 | 1 | 3 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 4 |
Acreage buckets
The median price for land in Independence, Ohio is currently $83K per acre. For a typical parcel, the median sale price is $162K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $90K while premium lots reached $376K.
Independence, Ohio is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Independence, Ohio currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Independence, Ohio is 6.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Russell Real Estate Services.
Land in Independence, Ohio typically sells within 193 days of listing. The median time on market is 98 days. Properties are moving slowly in the current strong buyer's market.
There are currently 5 active listings in Independence, Ohio. The median asking price is $240K.
The 3-month absorption rate in Independence, Ohio is 6.7%. 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.
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.
