Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | 3 | 4 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 1 | 2 | 5 | 7 |
Acreage buckets
The median price for land in Austin, Minnesota is currently $28K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $41K while premium lots reached $1.1M.
Austin, Minnesota is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 600.0% year-over-year.
Austin, Minnesota currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 10 active listings in Austin, Minnesota. 2 new listings have hit the market in the last 90 days. The median asking price is $65K.
Land in Austin, Minnesota averages $183K per acre. The median price per acre is $28K, which may be more representative of typical transactions. Most parcels sold are around 1.6 acres.
The current absorption rate in Austin, Minnesota is 6.7% (3-month basis), indicating slow demand. With appreciating values (+600.0% YoY), the market shows growth potential. The top-performing broker in this market is Dwell Realty Group LLC.
Over the past 12 months, Austin, Minnesota saw 7 properties sold, totaling $2.8M in sales volume. In just the last 3 months, 2 properties changed hands.
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.
