Comprehensive market data and analysis• Updated Dec 2025
16.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 10 | 18 | 41 |
| 1-2 acres | 1 | 1 | 1 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 11 | 19 | 43 |
Acreage buckets
The median price for land in Minneapolis, Minnesota is currently $722K per acre. For a typical parcel, the median sale price is $160K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $23K while premium lots reached $733K.
Minneapolis, Minnesota is currently a strong buyer's market with 16.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 103.3% year-over-year.
Minneapolis, Minnesota currently has 16.9 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Minneapolis, Minnesota averages $7858.9M per acre. The median price per acre is $722K, which may be more representative of typical transactions. Most parcels sold are around 6,098 sq ft.
The 3-month absorption rate in Minneapolis, Minnesota is 5.9%. The 12-month rate is 5.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 62 active listings in Minneapolis, Minnesota. 23 new listings have hit the market in the last 90 days. The median asking price is $175K.
Land in Minneapolis, Minnesota typically sells within 112 days of listing. The median time on market is 74 days. Properties are moving at a moderate pace in the current strong buyer's market.
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.
