Comprehensive market data and analysis• Updated Oct 2026
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 3 |
Acreage buckets
The median price for land in Algona, Iowa is currently $105K per acre. For a typical parcel, the median sale price is $184K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $328K.
Algona, Iowa is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Algona, Iowa currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 3 active listings in Algona, Iowa. 1 new listings have hit the market in the last 90 days. The median asking price is $45K.
Over the past 12 months, Algona, Iowa saw 4 properties sold, totaling $710K in sales volume. In just the last 3 months, 1 properties changed hands.
The current absorption rate in Algona, Iowa is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is EXIT Realty Home/Land Properties.
Land in Algona, Iowa typically sells within 68 days of listing. The median time on market is 57 days. Properties are moving at a moderate pace in the current buyer's market.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Algona on LandyDandy.
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