Comprehensive market data and analysis• Updated Dec 2025
11.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 4 |
| 1-2 acres | - | 2 | 2 | 4 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | 1 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | 1 | 1 | 1 | 1 |
| TOTAL | 2 | 5 | 7 | 12 |
Acreage buckets
The median price for land in Paynesville, Minnesota is currently $38K per acre. For a typical parcel, the median sale price is $55K. 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 $231K.
Paynesville, Minnesota is currently a buyer's market with 11.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
Paynesville, Minnesota currently has 11.4 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Paynesville, Minnesota is 8.8% (3-month basis), indicating moderate demand. The top-performing broker in this market is Patrick Flanders Realty, Inc.
Land in Paynesville, Minnesota typically sells within 348 days of listing. The median time on market is 305 days. Properties are moving slowly in the current buyer's market.
Over the past 12 months, Paynesville, Minnesota saw 12 properties sold, totaling $1.4M in sales volume. In just the last 3 months, 5 properties changed hands.
There are currently 19 active listings in Paynesville, Minnesota. 2 new listings have hit the market in the last 90 days. The median asking price is $69K.
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.
