Comprehensive market data and analysis
We're showing Ohio County statistics below to give you a broader market picture. As more transactions occur in West Millgrove, Ohio, we'll update with specific local data.
View nearby areas with more activity:
9.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for West Millgrove, Ohio | ||||||
The median price for land in the Ohio area is currently $32K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $425K.
the Ohio area is currently a buyer's market with 9.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 13.9% year-over-year.
the Ohio area currently has 9.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The median land price in the Ohio area stands at $85K. This translates to roughly $32K per acre for the typical parcel size. The average price is $218K, indicating some higher-priced properties pulling up the average.
Land in the Ohio area typically sells within 121 days of listing. The median time on market is 55 days. Properties are moving slowly in the current buyer's market.
The current absorption rate in the Ohio area is 10.5% (3-month basis), indicating moderate demand. With appreciating values (+13.9% YoY), the market shows growth potential. The top-performing broker in this market is Howard Hanna.
There are currently 5,102 active listings in the Ohio area. 1,620 new listings have hit the market in the last 90 days. The median asking price is $90K.
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.
