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USAMinnesotaMilan

Milan, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Oct 2026

Active Listings
0
Sold (12M)
1
Median Price
$108K
Market Condition
Very Hot Seller's Market

Milan, Minnesota Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$108K
Avg Price/Acre
$22K
Avg Days on Market
117
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres------
1-2 acres------
2-5 acres-11111
5-10 acres------
10-20 acres------
20-50 acres------
50-100 acres------
100+ acres------
TOTAL011111
📊 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
2-5 acres1 sold / 0 listed

Median Price by Acreage

$0$54K$108K
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$108K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
117
Time to sell
Price Trend (YoY)
-
Year over year

Milan, Minnesota Land Market Analysis

How much is land worth in Milan, Minnesota?

The median price for land in Milan, Minnesota is currently $22K per acre. For a typical parcel, the median sale price is $108K. Recently, the cheapest land sold for $108K while premium lots reached $108K.

Is now a good time to invest in land in Milan, Minnesota?

The current absorption rate in Milan, Minnesota is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Whitetail Properties Real Estate.

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

The 3-month absorption rate in Milan, Minnesota is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Milan, Minnesota?

The median land price in Milan, Minnesota stands at $108K. This translates to roughly $22K per acre for the typical parcel size.

What is the average price per acre in Milan, Minnesota?

Land in Milan, Minnesota averages $22K per acre. The median price per acre is $22K, which may be more representative of typical transactions. Most parcels sold are around 4.8 acres.

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

Over the past 12 months, Milan, Minnesota saw 1 properties sold, totaling $108K in sales volume. In just the last 3 months, 1 properties changed hands.

How long does it take to sell land in Milan, Minnesota?

Land in Milan, Minnesota typically sells within 117 days of listing. The median time on market is 117 days. Properties are moving at a moderate pace in the current very hot seller's market.

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, 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.

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Minnesota Counties

  • Aitkin County, Minnesota Land Stats
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  • Chippewa County, Minnesota Land Stats
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  • Clearwater County, Minnesota Land Stats
  • Cook County, Minnesota Land Stats
  • Cottonwood County, Minnesota Land Stats
  • Crow Wing County, Minnesota Land Stats
  • Dakota County, Minnesota Land Stats
  • Dodge County, Minnesota Land Stats
  • Douglas County, Minnesota Land Stats
  • Faribault County, Minnesota Land Stats
  • Fillmore County, Minnesota Land Stats
  • Freeborn County, Minnesota Land Stats
  • Goodhue County, Minnesota Land Stats
  • Grant County, Minnesota Land Stats
  • Hennepin County, Minnesota Land Stats
  • Houston County, Minnesota Land Stats
  • Hubbard County, Minnesota Land Stats
  • Isanti County, Minnesota Land Stats
  • Itasca County, Minnesota Land Stats
  • Jackson County, Minnesota Land Stats
  • Kanabec County, Minnesota Land Stats
  • Kandiyohi County, Minnesota Land Stats
  • Kittson County, Minnesota Land Stats
  • Koochiching County, Minnesota Land Stats
  • Lac qui Parle County, Minnesota Land Stats
  • Lake County, Minnesota Land Stats
  • Lake of the Woods County, Minnesota Land Stats
  • Le Sueur County, Minnesota Land Stats
  • Lincoln County, Minnesota Land Stats
  • Lyon County, Minnesota Land Stats
  • Mahnomen County, Minnesota Land Stats
  • Marshall County, Minnesota Land Stats
  • Martin County, Minnesota Land Stats
  • McLeod County, Minnesota Land Stats
  • Meeker County, Minnesota Land Stats
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  • Murray County, Minnesota Land Stats
  • Nicollet County, Minnesota Land Stats
  • Nobles County, Minnesota Land Stats
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  • Polk County, Minnesota Land Stats
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  • Ramsey County, Minnesota Land Stats
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  • Scott County, Minnesota Land Stats
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  • Steele County, Minnesota Land Stats
  • Stevens County, Minnesota Land Stats
  • Swift County, Minnesota Land Stats
  • Todd County, Minnesota Land Stats
  • Traverse County, Minnesota Land Stats
  • Wabasha County, Minnesota Land Stats
  • Wadena County, Minnesota Land Stats
  • Waseca County, Minnesota Land Stats
  • Washington County, Minnesota Land Stats
  • Watonwan County, Minnesota Land Stats
  • Wilkin County, Minnesota Land Stats
  • Winona County, Minnesota Land Stats
  • Wright County, Minnesota Land Stats
  • Yellow Medicine County, Minnesota Land Stats

Other Cities in Chippewa County

  • Clara City, Minnesota Land Stats
  • Maynard, Minnesota Land Stats
  • Montevideo, Minnesota Land Stats
  • Watson, Minnesota Land Stats

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