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 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Luverne, Minnesota is currently $1.5M per acre. For a typical parcel, the median sale price is $540K. Recently, the cheapest land sold for $540K while premium lots reached $540K.
The median land price in Luverne, Minnesota stands at $540K. This translates to roughly $1.5M per acre for the typical parcel size.
Land in Luverne, Minnesota averages $1.5M per acre. The median price per acre is $1.5M, which may be more representative of typical transactions. Most parcels sold are around 15,420 sq ft.
Over the past 12 months, Luverne, Minnesota saw 1 properties sold, totaling $540K 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 $99K.
The 12-month rate is 0.6%. 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, 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 Luverne on LandyDandy.
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