Comprehensive market data and analysis• Updated Dec 2025
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Knife River, Minnesota is currently $33K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $104K.
The current absorption rate in Knife River, Minnesota is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Kuschel Realty Group LLC.
Land in Knife River, Minnesota typically sells within 59 days of listing. The median time on market is 59 days. Properties are moving quickly in the current very hot seller's market.
Over the past 12 months, Knife River, Minnesota saw 3 properties sold, totaling $225K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Knife River, Minnesota averages $56K per acre. The median price per acre is $33K, which may be more representative of typical transactions. Most parcels sold are around 3.1 acres.
The 3-month absorption rate in Knife River, 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.
The median land price in Knife River, Minnesota stands at $60K. This translates to roughly $33K per acre for the typical parcel size. The average price is $75K, indicating some higher-priced properties pulling up the average.
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.
