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 | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 2 |
| TOTAL | 0 | 0 | 0 | 3 |
Acreage buckets
The median price for land in Fairfax, Minnesota is currently $9K per acre. For a typical parcel, the median sale price is $1.3M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $1.2M while premium lots reached $1.3M.
The median land price in Fairfax, Minnesota stands at $1.3M. This translates to roughly $9K per acre for the typical parcel size.
Land in Fairfax, Minnesota averages $9K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 144.7 acres.
The 12-month rate is 3.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Fairfax, Minnesota saw 2 properties sold, totaling $2.6M in sales volume.
The top-performing broker in this market is Mages Land Co & Auction.
Land in Fairfax, Minnesota typically sells within 76 days of listing. The median time on market is 76 days. Properties are moving at a moderate pace in the current strong buyer's market.
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 Fairfax on LandyDandy.
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