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Pengilly, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
5
Median Price
$32K
Market Condition
Balanced Market

Pengilly, Minnesota Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$32K
Avg Price/Acre
$11K
Avg Days on Market
43
Months of Supply
6.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres1113
5-10 acres--11
10-20 acres---1
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1125
📊 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
2-5 acres3 sold / 0 listed
5-10 acres1 sold / 0 listed
10-20 acres1 sold / 0 listed
20-50 acres0 sold / 1 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$34K$68K
2- 5
5- 10
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$242K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
43
Time to sell
Price Trend (YoY)
-
Year over year

Pengilly, Minnesota Land Market Analysis

How much is land worth in Pengilly, Minnesota?

The median price for land in Pengilly, Minnesota is currently $11K per acre. For a typical parcel, the median sale price is $32K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $78K.

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

Pengilly, Minnesota is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.

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

Pengilly, Minnesota currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the average price per acre in Pengilly, Minnesota?

Land in Pengilly, Minnesota averages $11K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 4.1 acres.

What is the median land price in Pengilly, Minnesota?

The median land price in Pengilly, Minnesota stands at $32K. This translates to roughly $11K per acre for the typical parcel size. The average price is $48K, indicating some higher-priced properties pulling up the average.

What is the total amount sold in Pengilly, Minnesota last year?

Over the past 12 months, Pengilly, Minnesota saw 5 properties sold, totaling $242K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the absorption rate for land in Pengilly, Minnesota?

The 3-month absorption rate in Pengilly, Minnesota is 16.7%. The 12-month rate is 20.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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