Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 2 | 3 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 3 | 5 |
Acreage buckets
The median price for land in Ellendale, Minnesota is currently $26K per acre. For a typical parcel, the median sale price is $28K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $102K.
Ellendale, Minnesota is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Ellendale, Minnesota currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Ellendale, Minnesota is 11.1%. The 12-month rate is 6.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Ellendale, Minnesota saw 5 properties sold, totaling $232K in sales volume. In just the last 3 months, 2 properties changed hands.
There are currently 6 active listings in Ellendale, Minnesota. The median asking price is $26K.
Land in Ellendale, Minnesota averages $25K per acre. The median price per acre is $26K, which may be more representative of typical transactions. Most parcels sold are around 34,412 sq ft.
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.
