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Wright, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
5
Median Price
$152K
Market Condition
Seller's Market

Wright, Minnesota Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$152K
Avg Price/Acre
$2K
Avg Days on Market
31
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres1111
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres--22
50-100 acres---1
100+ acres---1
TOTAL1135
📊 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
1-2 acres1 sold / 0 listed
2-5 acres0 sold / 1 listed
20-50 acres2 sold / 0 listed
50-100 acres1 sold / 0 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$121K$242K
1- 2
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$654K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
31
Time to sell
Price Trend (YoY)
-
Year over year

Wright, Minnesota Land Market Analysis

How much is land worth in Wright, Minnesota?

The median price for land in Wright, Minnesota is currently $2K per acre. For a typical parcel, the median sale price is $152K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $221K.

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

Wright, Minnesota is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

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

Wright, Minnesota currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the median land price in Wright, Minnesota?

The median land price in Wright, Minnesota stands at $152K. This translates to roughly $2K per acre for the typical parcel size. The average price is $131K, showing a fairly consistent market.

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

Land in Wright, Minnesota typically sells within 31 days of listing. The median time on market is 35 days. Properties are moving quickly in the current seller's market.

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

Over the past 12 months, Wright, Minnesota saw 5 properties sold, totaling $654K in sales volume. In just the last 3 months, 1 properties changed hands.

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

The 3-month absorption rate in Wright, Minnesota is 33.3%. The 12-month rate is 41.7%. 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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