The arcade version of "Wonder Boy in Monster Land" amassed moderate sales, the Master System version received overall positive reviews in all aspects and has been highly regarded as one of the better titles in the Master System library. Reviews praised the game for its colorful graphics, smooth controls, gameplay, and replay value. Other ports received mixed reception: criticisms included very slow multi-load times on the home computer versions, sub-quality sound, and smaller play areas. The arcade version would later be re-released in emulated form as a digital download for Wii, PlayStation 3 and Xbox 360.