Comprehensive market data and analysis• Updated Oct 2026
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 2 |
| TOTAL | 0 | 0 | 1 | 3 |
Acreage buckets
The median price for land in Herman, Minnesota is currently $3K per acre. For a typical parcel, the median sale price is $695K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $551K while premium lots reached $838K.
Land in Herman, Minnesota averages $3K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 220.5 acres.
The top-performing broker in this market is Whitetail Properties Real Estate.
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.
The median land price in Herman, Minnesota stands at $695K. This translates to roughly $3K per acre for the typical parcel size.
Over the past 12 months, Herman, Minnesota saw 2 properties sold, totaling $1.4M in sales volume.
Land in Herman, Minnesota typically sells within 22 days of listing. The median time on market is 22 days. Properties are moving quickly.
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 Herman on LandyDandy.
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