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Newark, Ohio Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
10
Sold (12M)
38
Median Price
$51K
Market Condition
Seller's Market

Newark, Ohio Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$51K
Avg Price/Acre
$65K
Avg Days on Market
131
Months of Supply
3.0
YoY Price Change
-63.8%
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres361018
1-2 acres--15
2-5 acres1357
5-10 acres1125
10-20 acres---3
20-50 acres----
50-100 acres----
100+ acres----
TOTAL5101838
📊 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 acres18 sold / 3 listed
1-2 acres5 sold / 1 listed
2-5 acres7 sold / 2 listed
5-10 acres5 sold / 1 listed
10-20 acres3 sold / 1 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$138K$275K
0- 1
1- 2
2- 5
5- 10
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.3M
Last 12 months
Active Listings
10
Current inventory
Avg Days on Market
131
Time to sell
Price Trend (YoY)
-63.8%
Year over year

Newark, Ohio Land Market Analysis

How much is land worth in Newark, Ohio?

The median price for land in Newark, Ohio is currently $65K per acre. For a typical parcel, the median sale price is $51K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $210K.

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

Newark, Ohio is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 63.8% year-over-year.

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

Newark, Ohio currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

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

Land in Newark, Ohio typically sells within 131 days of listing. The median time on market is 59 days. Properties are moving slowly in the current seller's market.

What is the total amount sold in Newark, Ohio last year?

Over the past 12 months, Newark, Ohio saw 38 properties sold, totaling $3.3M in sales volume. In just the last 3 months, 10 properties changed hands.

What is the median land price in Newark, Ohio?

The median land price in Newark, Ohio stands at $51K. This translates to roughly $65K per acre for the typical parcel size. The average price is $88K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Newark, Ohio?

The 3-month absorption rate in Newark, Ohio is 33.3%. The 12-month rate is 31.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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