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 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 2 |
Acreage buckets
The median price for land in Lakeland, Minnesota is currently $178K per acre. For a typical parcel, the median sale price is $93K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $79K while premium lots reached $107K.
The top-performing broker in this market is Lakes Area Realty Hudson.
There are currently 1 active listings in Lakeland, Minnesota. 1 new listings have hit the market in the last 90 days. The median asking price is $250K.
Land in Lakeland, Minnesota typically sells within 170 days of listing. The median time on market is 170 days. Properties are moving slowly in the current strong buyer's market.
The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Lakeland, Minnesota saw 2 properties sold, totaling $185K in sales volume.
The median land price in Lakeland, Minnesota stands at $93K. This translates to roughly $178K per acre for the typical parcel size.
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.
