Comprehensive market data and analysis• Updated Oct 2026
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 4 |
Acreage buckets
The median price for land in Wellman, Iowa is currently $23K per acre. For a typical parcel, the median sale price is $68K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $86K.
Land in Wellman, Iowa typically sells within 71 days of listing. The median time on market is 56 days. Properties are moving at a moderate pace.
Over the past 12 months, Wellman, Iowa saw 4 properties sold, totaling $257K in sales volume.
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.
The median land price in Wellman, Iowa stands at $68K. This translates to roughly $23K per acre for the typical parcel size. The average price is $64K, showing a fairly consistent market.
Land in Wellman, Iowa averages $25K per acre. The median price per acre is $23K, which may be more representative of typical transactions. Most parcels sold are around 6.7 acres.
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.
See land for sale and off-market property records in Wellman on LandyDandy.
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