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Nobles County, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
40
Sold (12M)
8
Median Price
$82K
Market Condition
Strong Buyer's Market

Nobles County, Minnesota Market Meter

Buyer'sSeller's
Strong Buyer's Market

120.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$82K
Avg Price/Acre
$61K
Avg Days on Market
372
Months of Supply
120.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-125
1-2 acres----
2-5 acres----
5-10 acres---1
10-20 acres--11
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL0138
📊 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 acres5 sold / 32 listed
1-2 acres0 sold / 1 listed
2-5 acres0 sold / 4 listed
5-10 acres1 sold / 1 listed
10-20 acres1 sold / 0 listed
20-50 acres1 sold / 2 listed

Median Price by Acreage

$0$500K$999K
0- 1
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.6M
Last 12 months
Active Listings
40
Current inventory
Avg Days on Market
372
Time to sell
Price Trend (YoY)
-
Year over year

Nobles County, Minnesota Land Market Analysis

How much is land worth in Nobles County, Minnesota?

The median price for land in Nobles County, Minnesota is currently $61K per acre. For a typical parcel, the median sale price is $82K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $456K.

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

Nobles County, Minnesota is currently a strong buyer's market with 120.0 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 Nobles County, Minnesota?

Nobles County, Minnesota currently has 120.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

Land in Nobles County, Minnesota typically sells within 372 days of listing. The median time on market is 293 days. Properties are moving slowly in the current strong buyer's market.

What is the average price per acre in Nobles County, Minnesota?

Land in Nobles County, Minnesota averages $79K per acre. The median price per acre is $61K, which may be more representative of typical transactions. Most parcels sold are around 25,047 sq ft.

What is the absorption rate for land in Nobles County, Minnesota?

The 3-month absorption rate in Nobles County, Minnesota is 0.8%. The 12-month rate is 1.7%. 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 Nobles County, Minnesota?

The median land price in Nobles County, Minnesota stands at $82K. This translates to roughly $61K per acre for the typical parcel size. The average price is $196K, indicating some higher-priced properties pulling up the average.

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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