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Montgomery, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
16
Sold (12M)
8
Median Price
$189K
Market Condition
Buyer's Market

Montgomery, Minnesota Market Meter

Buyer'sSeller's
Buyer's Market

9.6 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$189K
Avg Price/Acre
$19K
Avg Days on Market
50
Months of Supply
9.6
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres-223
2-5 acres----
5-10 acres-111
10-20 acres----
20-50 acres2223
50-100 acres----
100+ acres---1
TOTAL2558
📊 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
1-2 acres3 sold / 12 listed
2-5 acres0 sold / 1 listed
5-10 acres1 sold / 1 listed
20-50 acres3 sold / 2 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$458K$915K
1- 2
5- 10
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.1M
Last 12 months
Active Listings
16
Current inventory
Avg Days on Market
50
Time to sell
Price Trend (YoY)
-
Year over year

Montgomery, Minnesota Land Market Analysis

How much is land worth in Montgomery, Minnesota?

The median price for land in Montgomery, Minnesota is currently $19K per acre. For a typical parcel, the median sale price is $189K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $65K while premium lots reached $527K.

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

Montgomery, Minnesota is currently a buyer's market with 9.6 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 Montgomery, Minnesota?

Montgomery, Minnesota currently has 9.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

Land in Montgomery, Minnesota typically sells within 50 days of listing. The median time on market is 50 days. Properties are moving quickly in the current buyer's market.

What is the median land price in Montgomery, Minnesota?

The median land price in Montgomery, Minnesota stands at $189K. This translates to roughly $19K per acre for the typical parcel size. The average price is $258K, indicating some higher-priced properties pulling up the average.

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

Land in Montgomery, Minnesota averages $28K per acre. The median price per acre is $19K, which may be more representative of typical transactions. Most parcels sold are around 17.5 acres.

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

The current absorption rate in Montgomery, Minnesota is 10.4% (3-month basis), indicating moderate demand. The top-performing broker in this market is Kubes Realty Inc.

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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