Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Hopkins, Minnesota is currently $564K per acre. For a typical parcel, the median sale price is $299K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $177K while premium lots reached $420K.
Hopkins, Minnesota is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Hopkins, Minnesota currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in Hopkins, Minnesota is 16.7%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Hopkins, Minnesota averages $564K per acre. The median price per acre is $564K, which may be more representative of typical transactions. Most parcels sold are around 22,651 sq ft.
The current absorption rate in Hopkins, Minnesota is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is BuyRentSell.com, LLC.
Land in Hopkins, Minnesota typically sells within 111 days of listing. The median time on market is 111 days. Properties are moving at a moderate pace in the current balanced 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 Hopkins on LandyDandy.
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