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Redwood Falls, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
4
Sold (12M)
10
Median Price
$135K
Market Condition
Very Hot Seller's Market

Redwood Falls, Minnesota Market Meter

Buyer'sSeller's
Very Hot Seller's Market

2.4 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$135K
Avg Price/Acre
$12K
Avg Days on Market
56
Months of Supply
2.4
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-122
1-2 acres-111
2-5 acres----
5-10 acres-112
10-20 acres----
20-50 acres-122
50-100 acres---1
100+ acres1112
TOTAL15710
📊 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 acres2 sold / 2 listed
1-2 acres1 sold / 1 listed
5-10 acres2 sold / 0 listed
20-50 acres2 sold / 0 listed
50-100 acres1 sold / 0 listed
100+ acres2 sold / 1 listed

Median Price by Acreage

$0$823K$1.6M
0- 1
1- 2
5- 10
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.3M
Last 12 months
Active Listings
4
Current inventory
Avg Days on Market
56
Time to sell
Price Trend (YoY)
-
Year over year

Redwood Falls, Minnesota Land Market Analysis

How much is land worth in Redwood Falls, Minnesota?

The median price for land in Redwood Falls, Minnesota is currently $12K per acre. For a typical parcel, the median sale price is $135K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $24K while premium lots reached $1.6M.

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

Redwood Falls, Minnesota is currently a very hot seller's market with 2.4 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

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

Redwood Falls, Minnesota currently has 2.4 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

What is the absorption rate for land in Redwood Falls, Minnesota?

The 3-month absorption rate in Redwood Falls, Minnesota is 41.7%. 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.

What is the median land price in Redwood Falls, Minnesota?

The median land price in Redwood Falls, Minnesota stands at $135K. This translates to roughly $12K per acre for the typical parcel size. The average price is $429K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Redwood Falls, Minnesota?

Land in Redwood Falls, Minnesota typically sells within 56 days of listing. The median time on market is 24 days. Properties are moving quickly in the current very hot seller's market.

What is the average price per acre in Redwood Falls, Minnesota?

Land in Redwood Falls, Minnesota averages $26K per acre. The median price per acre is $12K, which may be more representative of typical transactions. Most parcels sold are around 18.5 acres.

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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