Comprehensive market data and analysis• Updated Dec 2025
14.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 18 | 37 | 81 |
| 1-2 acres | 1 | 4 | 10 | 31 |
| 2-5 acres | 1 | 7 | 12 | 18 |
| 5-10 acres | 1 | 1 | 5 | 10 |
| 10-20 acres | - | 3 | 3 | 5 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 34 | 68 | 146 |
Acreage buckets
The median price for land in Summit County, Ohio is currently $69K per acre. For a typical parcel, the median sale price is $67K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $305K.
Summit County, Ohio is currently a strong buyer's market with 14.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 126.7% year-over-year.
Summit County, Ohio currently has 14.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Summit County, Ohio typically sells within 89 days of listing. The median time on market is 56 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Summit County, Ohio is 6.9% (3-month basis), indicating slow demand. With appreciating values (+126.7% YoY), the market shows growth potential. The top-performing broker in this market is Howard Hanna.
There are currently 164 active listings in Summit County, Ohio. 49 new listings have hit the market in the last 90 days. The median asking price is $49K.
Land in Summit County, Ohio averages $326K per acre. The median price per acre is $69K, which may be more representative of typical transactions. Most parcels sold are around 34,652 sq ft.
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.