Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | 3 | 4 |
| 50-100 acres | - | - | 2 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 7 | 9 |
Acreage buckets
The median price for land in Lanesboro, Minnesota is currently $8K per acre. For a typical parcel, the median sale price is $283K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $89K while premium lots reached $435K.
Lanesboro, 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. Prices have decreased 37.3% year-over-year.
Lanesboro, Minnesota currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Lanesboro, Minnesota is 33.3%. The 12-month rate is 37.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Lanesboro, Minnesota saw 9 properties sold, totaling $2.3M in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Lanesboro, Minnesota averages $81K per acre. The median price per acre is $8K, which may be more representative of typical transactions. Most parcels sold are around 37.9 acres.
There are currently 2 active listings in Lanesboro, Minnesota. 1 new listings have hit the market in the last 90 days. The median asking price is $775K.
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.
