Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 5 | 7 |
Acreage buckets
The median price for land in New Lebanon, Ohio is currently $43K per acre. For a typical parcel, the median sale price is $120K. 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 $225K.
New Lebanon, Ohio is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
New Lebanon, Ohio currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in New Lebanon, Ohio stands at $120K. This translates to roughly $43K per acre for the typical parcel size. The average price is $123K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in New Lebanon, Ohio is 16.7%. The 12-month rate is 25.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in New Lebanon, Ohio typically sells within 104 days of listing. The median time on market is 43 days. Properties are moving at a moderate pace in the current balanced market.
Over the past 12 months, New Lebanon, Ohio saw 6 properties sold, totaling $740K in sales volume. In just the last 3 months, 1 properties changed hands.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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