Comprehensive market data and analysis• Updated Oct 2026
2.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 3 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 3 | 4 |
Acreage buckets
The median price for land in Melrose, Minnesota is currently $146K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $42K while premium lots reached $53K.
Melrose, Minnesota is currently a very hot seller's market with 2.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Melrose, Minnesota currently has 2.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Melrose, Minnesota is 50.0%. The 12-month rate is 12.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Melrose, Minnesota is 50.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Central MN Realty LLC.
Land in Melrose, Minnesota typically sells within 524 days of listing. The median time on market is 716 days. Properties are moving slowly in the current very hot seller's market.
There are currently 2 active listings in Melrose, Minnesota. The median asking price is $185K.
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 Melrose on LandyDandy.
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