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Wanamingo, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
4
Sold (12M)
5
Median Price
$30K
Market Condition
Strong Buyer's Market

Wanamingo, Minnesota Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$30K
Avg Price/Acre
$135K
Avg Days on Market
77
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--34
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres---1
100+ acres----
TOTAL0035
📊 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 acres4 sold / 4 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$425K$850K
0- 1
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$973K
Last 12 months
Active Listings
4
Current inventory
Avg Days on Market
77
Time to sell
Price Trend (YoY)
-
Year over year

Wanamingo, Minnesota Land Market Analysis

How much is land worth in Wanamingo, Minnesota?

The median price for land in Wanamingo, Minnesota is currently $135K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $23K while premium lots reached $529K.

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

Land in Wanamingo, Minnesota averages $104K per acre. The median price per acre is $135K, which may be more representative of typical transactions. Most parcels sold are around 13,939 sq ft.

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

Over the past 12 months, Wanamingo, Minnesota saw 5 properties sold, totaling $973K in sales volume.

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

The 12-month rate is 10.4%. 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 Wanamingo, Minnesota?

The median land price in Wanamingo, Minnesota stands at $30K. This translates to roughly $135K per acre for the typical parcel size. The average price is $195K, indicating some higher-priced properties pulling up the average.

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

Land in Wanamingo, Minnesota typically sells within 77 days of listing. The median time on market is 16 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

The top-performing broker in this market is RE/MAX Results.

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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