Comprehensive market data and analysis• Updated Oct 2026
16.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 12 | 18 | 20 |
| 1-2 acres | - | 3 | 3 | 5 |
| 2-5 acres | 1 | 2 | 5 | 8 |
| 5-10 acres | - | 2 | 5 | 6 |
| 10-20 acres | 1 | 2 | 2 | 3 |
| 20-50 acres | - | - | 3 | 3 |
| 50-100 acres | - | - | 2 | 2 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 5 | 21 | 39 | 48 |
Acreage buckets
The median price for land in Detroit Lakes, Minnesota is currently $101K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $448K.
Detroit Lakes, Minnesota is currently a strong buyer's market with 16.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Detroit Lakes, Minnesota currently has 16.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Detroit Lakes, Minnesota averages $268K per acre. The median price per acre is $101K, which may be more representative of typical transactions. Most parcels sold are around 1.2 acres.
Land in Detroit Lakes, Minnesota typically sells within 86 days of listing. The median time on market is 34 days. Properties are moving at a moderate pace in the current strong buyer's market.
There are currently 112 active listings in Detroit Lakes, Minnesota. 22 new listings have hit the market in the last 90 days. The median asking price is $62K.
The 3-month absorption rate in Detroit Lakes, Minnesota is 6.3%. The 12-month rate is 3.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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 Detroit Lakes on LandyDandy.
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