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Randall, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
25
Sold (12M)
12
Median Price
$43K
Market Condition
Strong Buyer's Market

Randall, Minnesota Market Meter

Buyer'sSeller's
Strong Buyer's Market

37.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$43K
Avg Price/Acre
$30K
Avg Days on Market
115
Months of Supply
37.5
YoY Price Change
-
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-136
1-2 acres---2
2-5 acres--11
5-10 acres--11
10-20 acres----
20-50 acres-112
50-100 acres----
100+ acres----
TOTAL02612
📊 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 acres6 sold / 13 listed
1-2 acres2 sold / 9 listed
2-5 acres1 sold / 2 listed
5-10 acres1 sold / 1 listed
20-50 acres2 sold / 0 listed

Median Price by Acreage

$0$117K$233K
0- 1
1- 2
2- 5
5- 10
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$844K
Last 12 months
Active Listings
25
Current inventory
Avg Days on Market
115
Time to sell
Price Trend (YoY)
-
Year over year

Randall, Minnesota Land Market Analysis

How much is land worth in Randall, Minnesota?

The median price for land in Randall, Minnesota is currently $30K per acre. For a typical parcel, the median sale price is $43K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $178K.

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

Randall, Minnesota is currently a strong buyer's market with 37.5 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 Randall, Minnesota?

Randall, Minnesota currently has 37.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

Land in Randall, Minnesota averages $35K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.

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

The 3-month absorption rate in Randall, Minnesota is 2.7%. The 12-month rate is 4.0%. 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 Randall, Minnesota?

The median land price in Randall, Minnesota stands at $43K. This translates to roughly $30K per acre for the typical parcel size. The average price is $70K, indicating some higher-priced properties pulling up the average.

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

The current absorption rate in Randall, Minnesota is 2.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Central MN Realty LLC.

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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