Comprehensive market data and analysis• Updated Dec 2025
1.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 1 | 2 | 2 | 4 |
Acreage buckets
The median price for land in Millfield, Ohio is currently $6K per acre. For a typical parcel, the median sale price is $221K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $50K while premium lots reached $429K.
Millfield, Ohio is currently a very hot seller's market with 1.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Millfield, Ohio currently has 1.5 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Millfield, Ohio saw 4 properties sold, totaling $937K in sales volume. In just the last 3 months, 2 properties changed hands.
The current absorption rate in Millfield, Ohio is 66.7% (3-month basis), indicating strong demand. The top-performing broker in this market is e-Merge Real Estate.
The median land price in Millfield, Ohio stands at $221K. This translates to roughly $6K per acre for the typical parcel size. The average price is $234K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Millfield, Ohio is 66.7%. The 12-month rate is 33.3%. 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.