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 | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Melrose, Minnesota is currently $16K per acre. For a typical parcel, the median sale price is $153K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $147K while premium lots reached $159K.
The 12-month rate is 2.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The top-performing broker in this market is Central MN Realty LLC.
Land in Melrose, Minnesota typically sells within 85 days of listing. The median time on market is 85 days. Properties are moving at a moderate pace in the current strong buyer's market.
There are currently 7 active listings in Melrose, Minnesota. The median asking price is $50K.
Over the past 12 months, Melrose, Minnesota saw 2 properties sold, totaling $306K in sales volume.
Land in Melrose, Minnesota averages $16K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 24.5 acres.
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.
