Landydandy logo

Parkers Prairie, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
3
Sold (12M)
8
Median Price
$154K
Market Condition
Seller's Market

Parkers Prairie, Minnesota Market Meter

Buyer'sSeller's
Seller's Market

4.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$154K
Avg Price/Acre
$11K
Avg Days on Market
23
Months of Supply
4.5
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres-112
2-5 acres--12
5-10 acres----
10-20 acres---1
20-50 acres--11
50-100 acres----
100+ acres-112
TOTAL0248
📊 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 acres0 sold / 1 listed
1-2 acres2 sold / 0 listed
2-5 acres2 sold / 0 listed
10-20 acres1 sold / 1 listed
20-50 acres1 sold / 1 listed
100+ acres2 sold / 0 listed

Median Price by Acreage

$0$687K$1.4M
1- 2
2- 5
10- 20
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.3M
Last 12 months
Active Listings
3
Current inventory
Avg Days on Market
23
Time to sell
Price Trend (YoY)
-
Year over year

Parkers Prairie, Minnesota Land Market Analysis

How much is land worth in Parkers Prairie, Minnesota?

The median price for land in Parkers Prairie, Minnesota is currently $11K per acre. For a typical parcel, the median sale price is $154K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $26K while premium lots reached $1.1M.

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

Parkers Prairie, Minnesota is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

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

Parkers Prairie, Minnesota currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the median land price in Parkers Prairie, Minnesota?

The median land price in Parkers Prairie, Minnesota stands at $154K. This translates to roughly $11K per acre for the typical parcel size. The average price is $417K, indicating some higher-priced properties pulling up the average.

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

The current absorption rate in Parkers Prairie, Minnesota is 22.2% (3-month basis), indicating strong demand. The top-performing broker in this market is Northstar Lakes Realty.

What is the absorption rate for land in Parkers Prairie, Minnesota?

The 3-month absorption rate in Parkers Prairie, Minnesota is 22.2%. The 12-month rate is 22.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Parkers Prairie, Minnesota?

There are currently 3 active listings in Parkers Prairie, Minnesota. The median asking price is $75K.

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.

Explore More Land Market Statistics

All States

Minnesota Counties

Other Cities in Otter Tail County