Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 2 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | 2 | 5 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | 5 | 10 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 7 | 20 |
Acreage buckets
The median price for land in Backus, Minnesota is currently $6K per acre. For a typical parcel, the median sale price is $102K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $217K.
The 12-month rate is 9.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Backus, Minnesota stands at $102K. This translates to roughly $6K per acre for the typical parcel size. The average price is $118K, indicating some higher-priced properties pulling up the average.
Land in Backus, Minnesota typically sells within 168 days of listing. The median time on market is 142 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Backus, Minnesota saw 20 properties sold, totaling $2.4M in sales volume.
The top-performing broker in this market is Gilchrist Realty.
Land in Backus, Minnesota averages $131K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 15.3 acres.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Backus on LandyDandy.
Browse land in Backus →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
