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New Albany, Ohio Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
18
Sold (12M)
7
Median Price
$840K
Market Condition
Strong Buyer's Market

New Albany, Ohio Market Meter

Buyer'sSeller's
Strong Buyer's Market

54.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$840K
Avg Price/Acre
$750K
Avg Days on Market
117
Months of Supply
54.0
YoY Price Change
-88.9%
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--23
1-2 acres---1
2-5 acres---1
5-10 acres----
10-20 acres1112
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1137
📊 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 acres3 sold / 3 listed
1-2 acres1 sold / 1 listed
2-5 acres1 sold / 10 listed
5-10 acres0 sold / 3 listed
10-20 acres2 sold / 1 listed

Median Price by Acreage

$0$2.0M$4.0M
0- 1
1- 2
2- 5
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$13.3M
Last 12 months
Active Listings
18
Current inventory
Avg Days on Market
117
Time to sell
Price Trend (YoY)
-88.9%
Year over year

New Albany, Ohio Land Market Analysis

How much is land worth in New Albany, Ohio?

The median price for land in New Albany, Ohio is currently $750K per acre. For a typical parcel, the median sale price is $840K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $429K while premium lots reached $4.6M.

Is now a good time to buy land in New Albany, Ohio?

New Albany, Ohio is currently a strong buyer's market with 54.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 88.9% year-over-year.

What is the months of supply for land in New Albany, Ohio?

New Albany, Ohio currently has 54.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

Is now a good time to invest in land in New Albany, Ohio?

The current absorption rate in New Albany, Ohio is 1.9% (3-month basis), indicating slow demand. With depreciating values (-88.9% YoY), buyers may find value opportunities. The top-performing broker in this market is NON MEMBER OFFICE.

What is the total land for sale in New Albany, Ohio?

There are currently 18 active listings in New Albany, Ohio. 1 new listings have hit the market in the last 90 days. The median asking price is $751K.

What is the absorption rate for land in New Albany, Ohio?

The 3-month absorption rate in New Albany, Ohio is 1.9%. The 12-month rate is 3.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in New Albany, Ohio?

The median land price in New Albany, Ohio stands at $840K. This translates to roughly $750K per acre for the typical parcel size. The average price is $1.9M, indicating some higher-priced properties pulling up the average.

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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