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 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Lakeland, Minnesota is currently $295K per acre. For a typical parcel, the median sale price is $122K. Recently, the cheapest land sold for $122K while premium lots reached $122K.
Lakeland, Minnesota is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Lakeland, Minnesota currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Lakeland, Minnesota is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Covenant Partners LLC.
There are currently 2 active listings in Lakeland, Minnesota. 2 new listings have hit the market in the last 90 days. The median asking price is $170K.
Land in Lakeland, Minnesota typically sells within 137 days of listing. The median time on market is 137 days. Properties are moving slowly in the current balanced market.
The 3-month absorption rate in Lakeland, Minnesota is 16.7%. The 12-month rate is 4.2%. 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, 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 Lakeland on LandyDandy.
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