Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 1 |
Acreage buckets
The median price for land in Lancaster, Minnesota is currently $19K per acre. For a typical parcel, the median sale price is $19K. Recently, the cheapest land sold for $19K while premium lots reached $19K.
Over the past 12 months, Lancaster, Minnesota saw 1 properties sold, totaling $19K in sales volume.
The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Lancaster, Minnesota averages $19K per acre. The median price per acre is $19K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
The median land price in Lancaster, Minnesota stands at $19K. This translates to roughly $19K per acre for the typical parcel size.
There are currently 4 active listings in Lancaster, Minnesota. The median asking price is $174K.
Land in Lancaster, Minnesota typically sells within 217 days of listing. The median time on market is 217 days. Properties are moving slowly in the current strong buyer's market.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Lancaster on LandyDandy.
Browse land in Lancaster →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
