Palo, Iowa Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$55K

Market Condition

Strong Buyer's Market

Palo, Iowa Market Meter

Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

$55K

Avg Price/Acre

$129K

Avg Days on Market

472

Months of Supply

999.0

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	3	8	8
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	-	-	-
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	-	-
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	0	1	3	8	8

📊 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 acres3 sold / 14 listed

Median Price by Acreage

$0$28K$55K

0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume

$165K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

472

Time to sell

Price Trend (YoY)

Year over year

Palo, Iowa Land Market Analysis

How much is land worth in Palo, Iowa?

The median price for land in Palo, Iowa is currently $129K per acre. For a typical parcel, the median sale price is $55K. Recently, the cheapest land sold for $55K while premium lots reached $55K.

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

Land in Palo, Iowa typically sells within 472 days of listing. The median time on market is 462 days. Properties are moving slowly in the current strong buyer's market.

What is the median land price in Palo, Iowa?

The median land price in Palo, Iowa stands at $55K. This translates to roughly $129K per acre for the typical parcel size.

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

Land in Palo, Iowa averages $136K per acre. The median price per acre is $129K, which may be more representative of typical transactions. Most parcels sold are around 18,644 sq ft.

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

The top-performing broker in this market is SKOGMAN REALTY.

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

The 12-month rate is 1.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, Palo, Iowa saw 3 properties sold, totaling $165K in sales volume.

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.