Comprehensive market data and analysis• Updated Dec 2025
46.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 3 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 2 | 4 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | 1 | 2 | 3 |
| 100+ acres | - | 1 | 1 | 2 |
| TOTAL | 0 | 3 | 5 | 14 |
Acreage buckets
The median price for land in Belle Plaine, Minnesota is currently $15K per acre. For a typical parcel, the median sale price is $218K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $97K while premium lots reached $1.3M.
Belle Plaine, Minnesota is currently a strong buyer's market with 46.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Belle Plaine, Minnesota currently has 46.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Belle Plaine, Minnesota stands at $218K. This translates to roughly $15K per acre for the typical parcel size. The average price is $497K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Belle Plaine, Minnesota is 2.2%. The 12-month rate is 2.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Belle Plaine, Minnesota saw 14 properties sold, totaling $7.0M in sales volume. In just the last 3 months, 3 properties changed hands.
The current absorption rate in Belle Plaine, Minnesota is 2.2% (3-month basis), indicating slow demand. The top-performing broker in this market is Kubes Realty Inc.
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.