How much is land worth in Merrill, Iowa?
The median price for land in Merrill, Iowa is currently $175K per acre. For a typical parcel, the median sale price is $35K. Recently, the cheapest land sold for $35K while premium lots reached $35K.
Merrill, Iowa Land Market Statistics
Comprehensive market data and analysis• Updated Oct 2026
Active Listings
4
Sold (12M)
1
Median Price
$35K
Market Condition
Strong Buyer's Market
Merrill, Iowa Market Meter
Strong Buyer's Market
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
Market Overview
Median Price
$35K
Avg Price/Acre
$175K
Avg Days on Market
11
Months of Supply
12.0
YoY Price Change
-
New Listings (3M)
1
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 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
0-1 acres1 sold / 0 listed
1-2 acres0 sold / 4 listed
Median Price by Acreage
$0$18K$35K
0-
1
Acreage buckets
Key Market Indicators
Total Sales Volume
$35K
Last 12 months
Active Listings
4
Current inventory
Avg Days on Market
11
Time to sell
Price Trend (YoY)
-
Year over year
Merrill, Iowa Land Market Analysis
Is now a good time to buy land in Merrill, Iowa?
Merrill, Iowa is currently a strong buyer's market with 12.0 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 Merrill, Iowa?
Merrill, Iowa currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
What is the median land price in Merrill, Iowa?
The median land price in Merrill, Iowa stands at $35K. This translates to roughly $175K per acre for the typical parcel size.
What is the total land for sale in Merrill, Iowa?
There are currently 4 active listings in Merrill, Iowa. 1 new listings have hit the market in the last 90 days. The median asking price is $68K.
What is the total amount sold in Merrill, Iowa last year?
Over the past 12 months, Merrill, Iowa saw 1 properties sold, totaling $35K in sales volume. In just the last 3 months, 1 properties changed hands.
What is the average price per acre in Merrill, Iowa?
Land in Merrill, Iowa averages $175K per acre. The median price per acre is $175K, which may be more representative of typical transactions. Most parcels sold are around 8,712 sq ft.
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, 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.
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