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Goodridge, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
3
Median Price
$240K
Market Condition
Very Hot Seller's Market

Goodridge, Minnesota Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$240K
Avg Price/Acre
$3K
Avg Days on Market
19
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres-111
100+ acres--12
TOTAL0123
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
50-100 acres1 sold / 0 listed
100+ acres2 sold / 0 listed

Median Price by Acreage

$0$172K$344K
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$918K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
19
Time to sell
Price Trend (YoY)
-
Year over year

Goodridge, Minnesota Land Market Analysis

How much is land worth in Goodridge, Minnesota?

The median price for land in Goodridge, Minnesota is currently $3K per acre. For a typical parcel, the median sale price is $240K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $232K while premium lots reached $406K.

What is the median land price in Goodridge, Minnesota?

The median land price in Goodridge, Minnesota stands at $240K. This translates to roughly $3K per acre for the typical parcel size. The average price is $306K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Goodridge, Minnesota?

Land in Goodridge, Minnesota typically sells within 19 days of listing. The median time on market is 19 days. Properties are moving quickly in the current very hot seller's market.

Is now a good time to invest in land in Goodridge, Minnesota?

The current absorption rate in Goodridge, Minnesota is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Whitetail Properties Real Esta.

What is the average price per acre in Goodridge, Minnesota?

Land in Goodridge, Minnesota averages $2K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 160.0 acres.

What is the total amount sold in Goodridge, Minnesota last year?

Over the past 12 months, Goodridge, Minnesota saw 3 properties sold, totaling $918K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the absorption rate for land in Goodridge, Minnesota?

The 3-month absorption rate in Goodridge, Minnesota is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

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.

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