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Garvin, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
57
Sold (12M)
4
Median Price
$144K
Market Condition
Strong Buyer's Market

Garvin, Minnesota Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$144K
Avg Price/Acre
$217K
Avg Days on Market
10
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
34

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--24
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0024
📊 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
0-1 acres4 sold / 44 listed
1-2 acres0 sold / 7 listed
2-5 acres0 sold / 1 listed

Median Price by Acreage

$0$72K$144K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$562K
Last 12 months
Active Listings
57
Current inventory
Avg Days on Market
10
Time to sell
Price Trend (YoY)
-
Year over year

Garvin, Minnesota Land Market Analysis

How much is land worth in Garvin, Minnesota?

The median price for land in Garvin, Minnesota is currently $217K per acre. For a typical parcel, the median sale price is $144K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $95K while premium lots reached $184K.

What is the total amount sold in Garvin, Minnesota last year?

Over the past 12 months, Garvin, Minnesota saw 4 properties sold, totaling $562K in sales volume.

How long does it take to sell land in Garvin, Minnesota?

Land in Garvin, Minnesota typically sells within 10 days of listing. The median time on market is 9 days. Properties are moving quickly in the current strong buyer's market.

What is the median land price in Garvin, Minnesota?

The median land price in Garvin, Minnesota stands at $144K. This translates to roughly $217K per acre for the typical parcel size. The average price is $141K, showing a fairly consistent market.

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

The 12-month rate is 0.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The top-performing broker in this market is Edina Realty, Inc..

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

Land in Garvin, Minnesota averages $224K per acre. The median price per acre is $217K, which may be more representative of typical transactions. Most parcels sold are around 26,354 sq ft.

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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