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Grove City, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
1
Median Price
$120K
Market Condition
Seller's Market

Grove City, Minnesota Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$120K
Avg Price/Acre
$14K
Avg Days on Market
5
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres-111
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0111
📊 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 acres0 sold / 1 listed
5-10 acres1 sold / 0 listed

Median Price by Acreage

$0$60K$120K
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$120K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
5
Time to sell
Price Trend (YoY)
-
Year over year

Grove City, Minnesota Land Market Analysis

How much is land worth in Grove City, Minnesota?

The median price for land in Grove City, Minnesota is currently $14K per acre. For a typical parcel, the median sale price is $120K. Recently, the cheapest land sold for $120K while premium lots reached $120K.

Is now a good time to buy land in Grove City, Minnesota?

Grove City, Minnesota is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Grove City, Minnesota?

Grove City, Minnesota currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

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

Over the past 12 months, Grove City, Minnesota saw 1 properties sold, totaling $120K in sales volume. In just the last 3 months, 1 properties changed hands.

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

The current absorption rate in Grove City, Minnesota is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Edina Realty, Inc..

What is the average price per acre in Grove City, Minnesota?

Land in Grove City, Minnesota averages $14K per acre. The median price per acre is $14K, which may be more representative of typical transactions. Most parcels sold are around 8.5 acres.

What is the median land price in Grove City, Minnesota?

The median land price in Grove City, Minnesota stands at $120K. This translates to roughly $14K per acre for the typical parcel size.

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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