How much is land worth in Somerville, Ohio?
The median price for land in Somerville, Ohio is currently $30K per acre. For a typical parcel, the median sale price is $375K. Recently, the cheapest land sold for $375K while premium lots reached $375K.
Somerville, Ohio Land Market Statistics
Comprehensive market data and analysis• Updated Oct 2026
Active Listings
0
Sold (12M)
1
Median Price
$375K
Market Condition
Buyer's Market
Somerville, Ohio Market Meter
Buyer's Market
High inventory favors buyers with more choices and negotiating power.
Market Overview
Median Price
$375K
Avg Price/Acre
$30K
Avg Days on Market
27
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 3 |
📊 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
2-5 acres1 sold / 0 listed
5-10 acres1 sold / 0 listed
10-20 acres1 sold / 0 listed
Median Price by Acreage
$0$188K$375K
2-
5
5-
10
10-
20
Acreage buckets
Key Market Indicators
Total Sales Volume
$375K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
27
Time to sell
Price Trend (YoY)
-
Year over year
Somerville, Ohio Land Market Analysis
Is now a good time to invest in land in Somerville, Ohio?
The top-performing broker in this market is Comey & Shepherd.
How long does it take to sell land in Somerville, Ohio?
Land in Somerville, Ohio typically sells within 27 days of listing. The median time on market is 27 days. Properties are moving quickly.
What is the total amount sold in Somerville, Ohio last year?
Over the past 12 months, Somerville, Ohio saw 1 properties sold, totaling $375K in sales volume.
What is the average price per acre in Somerville, Ohio?
Land in Somerville, Ohio averages $30K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 12.5 acres.
What is the median land price in Somerville, Ohio?
The median land price in Somerville, Ohio stands at $375K. This translates to roughly $30K per acre for the typical parcel size.
What is the absorption rate for land in Somerville, Ohio?
The 12-month rate is 100.0%. 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, 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.
Land in Somerville
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