Comprehensive market data and analysis• Updated Dec 2025
32.1 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 4 | 4 |
| 1-2 acres | - | - | 2 | 3 |
| 2-5 acres | 2 | 2 | 3 | 4 |
| 5-10 acres | 1 | 1 | 2 | 4 |
| 10-20 acres | - | - | 3 | 5 |
| 20-50 acres | 1 | 2 | 2 | 4 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | 1 | 1 | 1 | 2 |
| TOTAL | 6 | 7 | 17 | 27 |
Acreage buckets
The median price for land in Mills County, Iowa is currently $24K per acre. For a typical parcel, the median sale price is $166K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $750K.
Mills County, Iowa is currently a strong buyer's market with 32.1 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mills County, Iowa currently has 32.1 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Mills County, Iowa averages $53K per acre. The median price per acre is $24K, which may be more representative of typical transactions. Most parcels sold are around 7.0 acres.
The 3-month absorption rate in Mills County, Iowa is 3.1%. The 12-month rate is 3.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Mills County, Iowa is 3.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Jim Hughes Real Estate.
Land in Mills County, Iowa typically sells within 83 days of listing. The median time on market is 76 days. Properties are moving at a moderate pace in the current strong buyer's market.
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.