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Elgin, North Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
-
Market Condition
Very Hot Seller's Market

Elgin, North Dakota Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
-
Avg Price/Acre
-
Avg Days on Market
28
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres1111
TOTAL1111
📊 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
100+ acres1 sold / 0 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume
$0
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
28
Time to sell
Price Trend (YoY)
-
Year over year

Elgin, North Dakota Land Market Analysis

What is the absorption rate for land in Elgin, North Dakota?

The 3-month absorption rate in Elgin, North Dakota is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Elgin, North Dakota last year?

Over the past 12 months, Elgin, North Dakota saw 1 properties sold. In just the last 3 months, 1 properties changed hands.

Is now a good time to invest in land in Elgin, North Dakota?

The current absorption rate in Elgin, North Dakota is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is TRADEMARK REALTY.

How long does it take to sell land in Elgin, North Dakota?

Land in Elgin, North Dakota typically sells within 28 days of listing. The median time on market is 28 days. Properties are moving quickly in the current very hot seller's market.

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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