Comprehensive market data and analysis• Updated Dec 2025
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 | - | - | - | - |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 2 |
Acreage buckets
The median price for land in Luverne, Minnesota is currently $21K per acre. For a typical parcel, the median sale price is $118K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $118K while premium lots reached $118K.
The median land price in Luverne, Minnesota stands at $118K. This translates to roughly $21K per acre for the typical parcel size.
Land in Luverne, Minnesota averages $21K per acre. The median price per acre is $21K, which may be more representative of typical transactions. Most parcels sold are around 5.8 acres.
Over the past 12 months, Luverne, Minnesota saw 2 properties sold, totaling $237K in sales volume.
There are currently 14 active listings in Luverne, Minnesota. 1 new listings have hit the market in the last 90 days. The median asking price is $94K.
Land in Luverne, Minnesota typically sells within 605 days of listing. The median time on market is 605 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. 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.
