Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 3 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 4 |
Acreage buckets
The median price for land in Lake George, Minnesota is currently $22K per acre. For a typical parcel, the median sale price is $149K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $136K while premium lots reached $160K.
Land in Lake George, Minnesota typically sells within 93 days of listing. The median time on market is 93 days. Properties are moving at a moderate pace in the current strong buyer's market.
The top-performing broker in this market is Wolff & Simon Real Estate.
There are currently 9 active listings in Lake George, Minnesota. The median asking price is $125K.
Land in Lake George, Minnesota averages $29K per acre. The median price per acre is $22K, which may be more representative of typical transactions. Most parcels sold are around 6.7 acres.
Over the past 12 months, Lake George, Minnesota saw 4 properties sold, totaling $593K in sales volume.
The 12-month rate is 3.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.