Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 2 |
Acreage buckets
The median price for land in Farwell, Minnesota is currently $85K per acre. For a typical parcel, the median sale price is $146K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $143K while premium lots reached $149K.
Over the past 12 months, Farwell, Minnesota saw 2 properties sold, totaling $293K in sales volume.
There are currently 2 active listings in Farwell, Minnesota. 1 new listings have hit the market in the last 90 days. The median asking price is $263K.
Land in Farwell, Minnesota typically sells within 127 days of listing. The median time on market is 127 days. Properties are moving slowly in the current strong buyer's market.
The top-performing broker in this market is Edina Realty, Inc..
The median land price in Farwell, Minnesota stands at $146K. This translates to roughly $85K per acre for the typical parcel size.
The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
