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Wakeman, Ohio Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
6
Median Price
$79K
Market Condition
Seller's Market

Wakeman, Ohio Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$79K
Avg Price/Acre
$27K
Avg Days on Market
63
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---2
1-2 acres---1
2-5 acres----
5-10 acres----
10-20 acres2223
20-50 acres----
50-100 acres----
100+ acres----
TOTAL2226
📊 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 acres2 sold / 0 listed
1-2 acres1 sold / 1 listed
10-20 acres3 sold / 1 listed

Median Price by Acreage

$0$133K$265K
0- 1
1- 2
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$747K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
63
Time to sell
Price Trend (YoY)
-
Year over year

Wakeman, Ohio Land Market Analysis

How much is land worth in Wakeman, Ohio?

The median price for land in Wakeman, Ohio is currently $27K per acre. For a typical parcel, the median sale price is $79K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $265K.

Is now a good time to buy land in Wakeman, Ohio?

Wakeman, Ohio is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Wakeman, Ohio?

Wakeman, Ohio currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the median land price in Wakeman, Ohio?

The median land price in Wakeman, Ohio stands at $79K. This translates to roughly $27K per acre for the typical parcel size. The average price is $125K, indicating some higher-priced properties pulling up the average.

What is the total land for sale in Wakeman, Ohio?

There are currently 2 active listings in Wakeman, Ohio. The median asking price is $275K.

What is the average price per acre in Wakeman, Ohio?

Land in Wakeman, Ohio averages $43K per acre. The median price per acre is $27K, which may be more representative of typical transactions. Most parcels sold are around 5.7 acres.

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

Over the past 12 months, Wakeman, Ohio saw 6 properties sold, totaling $747K in sales volume. In just the last 3 months, 2 properties changed hands.

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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