Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 0 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Callaway, Minnesota is currently $163K per acre. For a typical parcel, the median sale price is $155K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $155K while premium lots reached $651K.
Callaway, Minnesota is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Callaway, Minnesota currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Callaway, Minnesota averages $113K per acre. The median price per acre is $163K, which may be more representative of typical transactions. Most parcels sold are around 41,382 sq ft.
Land in Callaway, Minnesota typically sells within 135 days of listing. The median time on market is 171 days. Properties are moving slowly in the current balanced market.
The median land price in Callaway, Minnesota stands at $155K. This translates to roughly $163K per acre for the typical parcel size. The average price is $362K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Callaway, Minnesota is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Jack Chivers Realty.
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.
