Comprehensive market data and analysis• Updated Dec 2025
4.2 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 8 | 11 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | 2 | 2 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 12 | 16 |
Acreage buckets
The median price for land in New London, Minnesota is currently $83K per acre. For a typical parcel, the median sale price is $53K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $218K.
New London, Minnesota is currently a seller's market with 4.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
New London, Minnesota currently has 4.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 7 active listings in New London, Minnesota. 4 new listings have hit the market in the last 90 days. The median asking price is $150K.
The 3-month absorption rate in New London, Minnesota is 23.8%. The 12-month rate is 19.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, New London, Minnesota saw 16 properties sold, totaling $1.6M in sales volume. In just the last 3 months, 5 properties changed hands.
Land in New London, Minnesota typically sells within 108 days of listing. The median time on market is 76 days. Properties are moving at a moderate pace in the current seller's market.
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.
