Comprehensive market data and analysis• Updated Oct 2026
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Lakefield, Minnesota is currently $9K per acre. For a typical parcel, the median sale price is $58K. Recently, the cheapest land sold for $58K while premium lots reached $58K.
Lakefield, Minnesota is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Lakefield, Minnesota currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Lakefield, Minnesota is 33.3%. 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.
Over the past 12 months, Lakefield, Minnesota saw 1 properties sold, totaling $58K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Lakefield, Minnesota averages $9K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 6.2 acres.
There are currently 1 active listings in Lakefield, Minnesota. The median asking price is $15K.
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 Lakefield on LandyDandy.
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