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Algona, Iowa Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
3
Median Price
$58K
Market Condition
Strong Buyer's Market

Algona, Iowa Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$58K
Avg Price/Acre
$225K
Avg Days on Market
113
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--12
1-2 acres---1
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0013
📊 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 / 1 listed
1-2 acres1 sold / 0 listed

Median Price by Acreage

$0$205K$410K
0- 1
1- 2

Acreage buckets

Key Market Indicators

Total Sales Volume
$517K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
113
Time to sell
Price Trend (YoY)
-
Year over year

Algona, Iowa Land Market Analysis

How much is land worth in Algona, Iowa?

The median price for land in Algona, Iowa is currently $225K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $51K while premium lots reached $340K.

What is the total land for sale in Algona, Iowa?

There are currently 2 active listings in Algona, Iowa. The median asking price is $35K.

What is the total amount sold in Algona, Iowa last year?

Over the past 12 months, Algona, Iowa saw 3 properties sold, totaling $517K in sales volume.

Is now a good time to invest in land in Algona, Iowa?

The top-performing broker in this market is EXIT Realty Home/Land Properties.

How long does it take to sell land in Algona, Iowa?

Land in Algona, Iowa typically sells within 113 days of listing. The median time on market is 123 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the median land price in Algona, Iowa?

The median land price in Algona, Iowa stands at $58K. This translates to roughly $225K per acre for the typical parcel size. The average price is $172K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Algona, Iowa?

The 12-month rate is 12.5%. 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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