Comprehensive market data and analysis• Updated Dec 2025
19.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 4 | 17 | 41 | 85 |
| 1-2 acres | 1 | 4 | 8 | 11 |
| 2-5 acres | 1 | 4 | 10 | 16 |
| 5-10 acres | - | - | 2 | 2 |
| 10-20 acres | - | - | 2 | 4 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | 2 | 2 | 2 | 4 |
| 100+ acres | - | - | - | - |
| TOTAL | 8 | 27 | 66 | 123 |
Acreage buckets
The median price for land in Dakota County, Minnesota is currently $146K per acre. For a typical parcel, the median sale price is $175K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $86K while premium lots reached $803K.
Dakota County, Minnesota is currently a strong buyer's market with 19.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 42.6% year-over-year.
Dakota County, Minnesota currently has 19.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Dakota County, Minnesota is 5.0%. The 12-month rate is 6.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Dakota County, Minnesota typically sells within 297 days of listing. The median time on market is 116 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Dakota County, Minnesota stands at $175K. This translates to roughly $146K per acre for the typical parcel size. The average price is $345K, indicating some higher-priced properties pulling up the average.
Land in Dakota County, Minnesota averages $584K per acre. The median price per acre is $146K, which may be more representative of typical transactions. Most parcels sold are around 34,848 sq ft.
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.
