Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 2 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 6 |
Acreage buckets
The median price for land in Pengilly, Minnesota is currently $6K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $85K.
Pengilly, Minnesota is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Pengilly, Minnesota currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Pengilly, Minnesota averages $9K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 18.6 acres.
The median land price in Pengilly, Minnesota stands at $70K. This translates to roughly $6K per acre for the typical parcel size. The average price is $64K, showing a fairly consistent market.
Over the past 12 months, Pengilly, Minnesota saw 4 properties sold, totaling $257K in sales volume. In just the last 3 months, 1 properties changed hands.
The 3-month absorption rate in Pengilly, Minnesota is 16.7%. The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Pengilly on LandyDandy.
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