Elgin, Iowa Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$278K

Market Condition

Very Hot Seller's Market

Elgin, Iowa Market Meter

Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price

$278K

Avg Price/Acre

$7K

Avg Days on Market

Months of Supply

0.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	-	-	-	-	-
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	-	-	-
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	1	1	1	1	1
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	1	1	1	1	1

📊 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

20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$139K$278K

20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume

$278K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

Time to sell

Price Trend (YoY)

Year over year

Elgin, Iowa Land Market Analysis

How much is land worth in Elgin, Iowa?

The median price for land in Elgin, Iowa is currently $7K per acre. For a typical parcel, the median sale price is $278K. Recently, the cheapest land sold for $278K while premium lots reached $278K.

What is the median land price in Elgin, Iowa?

The median land price in Elgin, Iowa stands at $278K. This translates to roughly $7K per acre for the typical parcel size.

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

Over the past 12 months, Elgin, Iowa saw 1 properties sold, totaling $278K in sales volume. In just the last 3 months, 1 properties changed hands.

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

The 3-month absorption rate in Elgin, Iowa is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the average price per acre in Elgin, Iowa?

Land in Elgin, Iowa averages $7K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 40.0 acres.

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

Land in Elgin, Iowa typically sells within 3 days of listing. The median time on market is 3 days. Properties are moving quickly in the current very hot seller's market.

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

The current absorption rate in Elgin, Iowa is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Allen Real Estate Company, LLC.

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.

Elgin, Iowa Land Market Statistics

Elgin, Iowa Market Meter

Market Overview

Land Market Data by Acreage

Market Trends & Analysis

Inventory by Acreage (12 Months)

Median Price by Acreage

Key Market Indicators

Elgin, Iowa Land Market Analysis

How much is land worth in Elgin, Iowa?

What is the median land price in Elgin, Iowa?

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

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

What is the average price per acre in Elgin, Iowa?

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

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

Data Sources & Accuracy

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