Comprehensive market data and analysis• Updated Dec 2025
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in New Richland, Minnesota is currently $3K per acre. For a typical parcel, the median sale price is $400K. Recently, the cheapest land sold for $400K while premium lots reached $400K.
The top-performing broker in this market is American Legacy Land Co., LLC.
Land in New Richland, Minnesota averages $3K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 160.0 acres.
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.
The median land price in New Richland, Minnesota stands at $400K. This translates to roughly $3K per acre for the typical parcel size.
Over the past 12 months, New Richland, Minnesota saw 1 properties sold, totaling $400K in sales volume.
Land in New Richland, Minnesota typically sells within 2 days of listing. The median time on market is 2 days. Properties are moving quickly.
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.
