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Terrace Park, Ohio Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$233K
Market Condition
Buyer's Market

Terrace Park, Ohio Market Meter

Buyer'sSeller's
Buyer's Market

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$233K
Avg Price/Acre
$798K
Avg Days on Market
-
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--11
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0011
📊 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 acres1 sold / 0 listed

Median Price by Acreage

$0$116K$233K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$233K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year

Terrace Park, Ohio Land Market Analysis

How much is land worth in Terrace Park, Ohio?

The median price for land in Terrace Park, Ohio is currently $798K per acre. For a typical parcel, the median sale price is $233K. Recently, the cheapest land sold for $233K while premium lots reached $233K.

What is the median land price in Terrace Park, Ohio?

The median land price in Terrace Park, Ohio stands at $233K. This translates to roughly $798K per acre for the typical parcel size.

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

Over the past 12 months, Terrace Park, Ohio saw 1 properties sold, totaling $233K in sales volume.

What is the average price per acre in Terrace Park, Ohio?

Land in Terrace Park, Ohio averages $798K per acre. The median price per acre is $798K, which may be more representative of typical transactions. Most parcels sold are around 12,685 sq ft.

Is now a good time to invest in land in Terrace Park, Ohio?

The top-performing broker in this market is Comey & Shepherd.

What is the absorption rate for land in Terrace Park, 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. 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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