Comprehensive market data and analysis• Updated Dec 2025
96.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 3 | 6 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 5 | 9 |
Acreage buckets
The median price for land in Nicollet County, Minnesota is currently $194K per acre. For a typical parcel, the median sale price is $57K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $51K while premium lots reached $63K.
Nicollet County, Minnesota is currently a strong buyer's market with 96.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 78.1% year-over-year.
Nicollet County, Minnesota currently has 96.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Nicollet County, Minnesota is 1.0% (3-month basis), indicating slow demand. With appreciating values (+78.1% YoY), the market shows growth potential. The top-performing broker in this market is Weichert Realtors, Community Group.
The median land price in Nicollet County, Minnesota stands at $57K. This translates to roughly $194K per acre for the typical parcel size.
Land in Nicollet County, Minnesota averages $194K per acre. The median price per acre is $194K, which may be more representative of typical transactions. Most parcels sold are around 5.1 acres.
The 3-month absorption rate in Nicollet County, Minnesota is 1.0%. The 12-month rate is 0.5%. 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.
