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Marengo, Iowa Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
10
Sold (12M)
3
Median Price
$35K
Market Condition
Strong Buyer's Market

Marengo, Iowa Market Meter

Buyer'sSeller's
Strong Buyer's Market

30.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$35K
Avg Price/Acre
$30K
Avg Days on Market
367
Months of Supply
30.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--12
1-2 acres----
2-5 acres-111
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0123
📊 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 / 9 listed
2-5 acres1 sold / 0 listed
10-20 acres0 sold / 1 listed

Median Price by Acreage

$0$30K$60K
0- 1
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$98K
Last 12 months
Active Listings
10
Current inventory
Avg Days on Market
367
Time to sell
Price Trend (YoY)
-
Year over year

Marengo, Iowa Land Market Analysis

How much is land worth in Marengo, Iowa?

The median price for land in Marengo, Iowa is currently $30K per acre. For a typical parcel, the median sale price is $35K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $55K.

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

Marengo, Iowa is currently a strong buyer's market with 30.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Marengo, Iowa currently has 30.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the median land price in Marengo, Iowa?

The median land price in Marengo, Iowa stands at $35K. This translates to roughly $30K per acre for the typical parcel size. The average price is $33K, showing a fairly consistent market.

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

Land in Marengo, Iowa averages $59K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 12,632 sq ft.

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

There are currently 10 active listings in Marengo, Iowa. 1 new listings have hit the market in the last 90 days. The median asking price is $35K.

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

Over the past 12 months, Marengo, Iowa saw 3 properties sold, totaling $98K in sales volume. In just the last 3 months, 1 properties changed hands.

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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