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Montevideo, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
12
Sold (12M)
5
Median Price
$30K
Market Condition
Strong Buyer's Market

Montevideo, Minnesota Market Meter

Buyer'sSeller's
Strong Buyer's Market

36.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$30K
Avg Price/Acre
$30K
Avg Days on Market
95
Months of Supply
36.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1112
1-2 acres---1
2-5 acres--11
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres---1
100+ acres----
TOTAL1125
📊 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 acres2 sold / 2 listed
1-2 acres1 sold / 5 listed
2-5 acres1 sold / 3 listed
5-10 acres0 sold / 2 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$230K$460K
0- 1
1- 2
2- 5
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$767K
Last 12 months
Active Listings
12
Current inventory
Avg Days on Market
95
Time to sell
Price Trend (YoY)
-
Year over year

Montevideo, Minnesota Land Market Analysis

How much is land worth in Montevideo, Minnesota?

The median price for land in Montevideo, Minnesota is currently $30K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $380K.

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

Montevideo, Minnesota is currently a strong buyer's market with 36.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Montevideo, Minnesota currently has 36.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

There are currently 12 active listings in Montevideo, Minnesota. 1 new listings have hit the market in the last 90 days. The median asking price is $47K.

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

Land in Montevideo, Minnesota typically sells within 95 days of listing. The median time on market is 95 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the median land price in Montevideo, Minnesota?

The median land price in Montevideo, Minnesota stands at $30K. This translates to roughly $30K per acre for the typical parcel size. The average price is $153K, indicating some higher-priced properties pulling up the average.

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

Land in Montevideo, Minnesota averages $37K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.

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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