Comprehensive market data and analysis• Updated Oct 2026
11.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 5 | 10 | 25 |
| 1-2 acres | - | 2 | 5 | 7 |
| 2-5 acres | - | 3 | 6 | 10 |
| 5-10 acres | - | - | 2 | 5 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 3 |
| 50-100 acres | 1 | 1 | 1 | 2 |
| 100+ acres | 1 | 1 | 1 | 1 |
| TOTAL | 5 | 12 | 26 | 53 |
Acreage buckets
The median price for land in Springfield, Ohio is currently $40K per acre. For a typical parcel, the median sale price is $55K. 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 $523K.
Springfield, Ohio is currently a buyer's market with 11.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 35.1% year-over-year.
Springfield, Ohio currently has 11.8 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Springfield, Ohio saw 53 properties sold, totaling $8.2M in sales volume. In just the last 3 months, 12 properties changed hands.
Land in Springfield, Ohio typically sells within 220 days of listing. The median time on market is 41 days. Properties are moving slowly in the current buyer's market.
The median land price in Springfield, Ohio stands at $55K. This translates to roughly $40K per acre for the typical parcel size. The average price is $155K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Springfield, Ohio is 8.5%. The 12-month rate is 9.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
See land for sale and off-market property records in Springfield on LandyDandy.
Browse land in Springfield →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
