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Altoona, Iowa Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
37
Sold (12M)
24
Median Price
$72K
Market Condition
Buyer's Market

Altoona, Iowa Market Meter

Buyer'sSeller's
Buyer's Market

10.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$72K
Avg Price/Acre
$270K
Avg Days on Market
705
Months of Supply
10.1
YoY Price Change
-96.7%
New Listings (3M)
10

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres46914
1-2 acres--11
2-5 acres---1
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL461016
📊 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 acres14 sold / 31 listed
1-2 acres1 sold / 0 listed
2-5 acres1 sold / 0 listed
10-20 acres0 sold / 1 listed
50-100 acres0 sold / 1 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$75K$150K
0- 1
1- 2
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.0M
Last 12 months
Active Listings
37
Current inventory
Avg Days on Market
705
Time to sell
Price Trend (YoY)
-96.7%
Year over year

Altoona, Iowa Land Market Analysis

How much is land worth in Altoona, Iowa?

The median price for land in Altoona, Iowa is currently $270K per acre. For a typical parcel, the median sale price is $72K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $60K while premium lots reached $130K.

Is now a good time to buy land in Altoona, Iowa?

Altoona, Iowa is currently a buyer's market with 10.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 96.7% year-over-year.

What is the months of supply for land in Altoona, Iowa?

Altoona, Iowa currently has 10.1 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

Land in Altoona, Iowa typically sells within 705 days of listing. The median time on market is 586 days. Properties are moving slowly in the current buyer's market.

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

Over the past 12 months, Altoona, Iowa saw 24 properties sold, totaling $2.0M in sales volume. In just the last 3 months, 11 properties changed hands.

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

The 3-month absorption rate in Altoona, Iowa is 9.9%. The 12-month rate is 5.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

There are currently 37 active listings in Altoona, Iowa. 10 new listings have hit the market in the last 90 days. The median asking price is $77K.

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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