Comprehensive market data and analysis• Updated Dec 2025
2.3 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 5 | 6 | 10 |
| 1-2 acres | - | - | 1 | 3 |
| 2-5 acres | 1 | 1 | 2 | 3 |
| 5-10 acres | 1 | 2 | 3 | 4 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 2 | 5 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 9 | 14 | 25 |
Acreage buckets
The median price for land in Ravenna, Ohio is currently $25K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $321K.
Ravenna, Ohio is currently a very hot seller's market with 2.3 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 88.1% year-over-year.
Ravenna, Ohio currently has 2.3 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Ravenna, Ohio averages $427K per acre. The median price per acre is $25K, which may be more representative of typical transactions. Most parcels sold are around 1.6 acres.
The median land price in Ravenna, Ohio stands at $58K. This translates to roughly $25K per acre for the typical parcel size. The average price is $139K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Ravenna, Ohio is 42.9% (3-month basis), indicating strong demand. With depreciating values (-88.1% YoY), buyers may find value opportunities. The top-performing broker in this market is Jack Kohl Realty.
There are currently 7 active listings in Ravenna, Ohio. 1 new listings have hit the market in the last 90 days. The median asking price is $49K.
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.
