Comprehensive market data and analysis• Updated Dec 2025
39.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 5 |
| 1-2 acres | - | 1 | 2 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 5 | 8 |
Acreage buckets
The median price for land in Inver Grove Heights, Minnesota is currently $233K per acre. For a typical parcel, the median sale price is $160K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $86K while premium lots reached $783K.
Inver Grove Heights, Minnesota is currently a strong buyer's market with 39.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Inver Grove Heights, Minnesota currently has 39.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 13 active listings in Inver Grove Heights, Minnesota. 2 new listings have hit the market in the last 90 days. The median asking price is $450K.
Over the past 12 months, Inver Grove Heights, Minnesota saw 8 properties sold, totaling $2.7M in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Inver Grove Heights, Minnesota typically sells within 480 days of listing. The median time on market is 481 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Inver Grove Heights, Minnesota is 2.6%. The 12-month rate is 5.1%. 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.