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Barnum, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
5
Sold (12M)
22
Median Price
$64K
Market Condition
Very Hot Seller's Market

Barnum, Minnesota Market Meter

Buyer'sSeller's
Very Hot Seller's Market

1.9 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$64K
Avg Price/Acre
$5K
Avg Days on Market
62
Months of Supply
1.9
YoY Price Change
-22.2%
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres2445
5-10 acres-114
10-20 acres-123
20-50 acres-127
50-100 acres-112
100+ acres---1
TOTAL281022
📊 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
2-5 acres5 sold / 0 listed
5-10 acres4 sold / 0 listed
10-20 acres3 sold / 0 listed
20-50 acres7 sold / 4 listed
50-100 acres2 sold / 1 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$135K$270K
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.1M
Last 12 months
Active Listings
5
Current inventory
Avg Days on Market
62
Time to sell
Price Trend (YoY)
-22.2%
Year over year

Barnum, Minnesota Land Market Analysis

How much is land worth in Barnum, Minnesota?

The median price for land in Barnum, Minnesota is currently $5K per acre. For a typical parcel, the median sale price is $64K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $28K while premium lots reached $233K.

Is now a good time to buy land in Barnum, Minnesota?

Barnum, Minnesota is currently a very hot seller's market with 1.9 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 22.2% year-over-year.

What is the months of supply for land in Barnum, Minnesota?

Barnum, Minnesota currently has 1.9 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

What is the average price per acre in Barnum, Minnesota?

Land in Barnum, Minnesota averages $5K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 11.8 acres.

Is now a good time to invest in land in Barnum, Minnesota?

The current absorption rate in Barnum, Minnesota is 53.3% (3-month basis), indicating strong demand. With depreciating values (-22.2% YoY), buyers may find value opportunities. The top-performing broker in this market is RE/MAX Results.

What is the total land for sale in Barnum, Minnesota?

There are currently 5 active listings in Barnum, Minnesota. 2 new listings have hit the market in the last 90 days. The median asking price is $124K.

What is the absorption rate for land in Barnum, Minnesota?

The 3-month absorption rate in Barnum, Minnesota is 53.3%. The 12-month rate is 36.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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.

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