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Vacant Land Market Report: Ono Island | May 2025
By Meredith Amon, Licensed in Alabama and Florida
View All Ono Island Land Listings
Market Snapshot as of May 1, 2025
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22 Active Land Listings
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1 Pending Land Listing
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Average Days on Market (DOM): 327
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Median List Price: $522,000
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Average List Price: $637,627
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Absorption Rate: 4.5%
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Months of Inventory: 22 months
The data reveals a slower-moving market for vacant land on Ono Island, with only one property currently under contract. With nearly two years of inventory at current pace, sellers should be prepared for extended listing times unless their property is well-priced and in a premium location.
Waterfront vs. Non-Waterfront Land
Of the 23 total listings (active + pending):
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13 listings are direct or indirect waterfront (Bayou Front, Canal, or River Front)
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10 listings are non-waterfront or access-only lots (No water frontage but may offer community/deeded access)
Waterfront properties range in price from $595,000 to $1,950,000, with the most expensive lots offering direct river or bayou frontage and commanding over $1,000,000 per acre in some cases.
Non-waterfront lots, while significantly more affordable (as low as $169,000), are experiencing equally long DOM—indicating that pricing, visibility, and buyer confidence all play roles in land performance.
Trends and Observations
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Premium Waterfront Lots with ICW or River frontage continue to list above $1.5M, but extended days on market (218–793 DOM) suggest price sensitivity.
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Canal-front lots offer a mid-tier price point ($449,000–$759,000) and are often more attractive to buyers wanting dockage access without paying full riverfront premiums.
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Interior and Indirect View Lots are priced from $169,000–$249,000 but average well over 300 days on market, pointing to buyer hesitation in committing to new builds or the wait for the right pricing.
Advice for Buyers
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This is a buyer's market. With 22 months of inventory, you have negotiating power and time to find the right lot at the right price.
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Consider long-term plans. Even if you're not ready to build now, buying and holding a prime lot on Ono Island can be a smart move.
Whether you’re interested in selling your lot or buying a prime parcel to build your coastal dream home, I’d love to help guide your next steps.
Explore Ono Island Land Opportunities
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