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Mcgregor, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
11
Sold (12M)
31
Median Price
$71K
Market Condition
Seller's Market

Mcgregor, Minnesota Market Meter

Buyer'sSeller's
Seller's Market

5.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$71K
Avg Price/Acre
$4K
Avg Days on Market
132
Months of Supply
5.5
YoY Price Change
+43.1%
New Listings (3M)
6

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--57
1-2 acres-124
2-5 acres---1
5-10 acres-123
10-20 acres--12
20-50 acres-269
50-100 acres1122
100+ acres1123
TOTAL262031
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres7 sold / 5 listed
1-2 acres4 sold / 2 listed
2-5 acres1 sold / 1 listed
5-10 acres3 sold / 1 listed
10-20 acres2 sold / 0 listed
20-50 acres9 sold / 0 listed
50-100 acres2 sold / 1 listed
100+ acres3 sold / 1 listed

Median Price by Acreage

$0$78K$156K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.4M
Last 12 months
Active Listings
11
Current inventory
Avg Days on Market
132
Time to sell
Price Trend (YoY)
+43.1%
Year over year

Mcgregor, Minnesota Land Market Analysis

How much is land worth in Mcgregor, Minnesota?

The median price for land in Mcgregor, Minnesota is currently $4K per acre. For a typical parcel, the median sale price is $71K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $27K while premium lots reached $136K.

Is now a good time to buy land in Mcgregor, Minnesota?

Mcgregor, Minnesota is currently a seller's market with 5.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 43.1% year-over-year.

What is the months of supply for land in Mcgregor, Minnesota?

Mcgregor, Minnesota currently has 5.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the absorption rate for land in Mcgregor, Minnesota?

The 3-month absorption rate in Mcgregor, Minnesota is 18.2%. The 12-month rate is 23.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Mcgregor, Minnesota last year?

Over the past 12 months, Mcgregor, Minnesota saw 31 properties sold, totaling $2.4M in sales volume. In just the last 3 months, 6 properties changed hands.

What is the median land price in Mcgregor, Minnesota?

The median land price in Mcgregor, Minnesota stands at $71K. This translates to roughly $4K per acre for the typical parcel size. The average price is $79K, indicating some higher-priced properties pulling up the average.

What is the total land for sale in Mcgregor, Minnesota?

There are currently 11 active listings in Mcgregor, Minnesota. 6 new listings have hit the market in the last 90 days. The median asking price is $75K.

Data Sources & Accuracy

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.

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