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Otter Tail County, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
219
Sold (12M)
73
Median Price
$155K
Market Condition
Strong Buyer's Market

Otter Tail County, Minnesota Market Meter

Buyer'sSeller's
Strong Buyer's Market

36.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$155K
Avg Price/Acre
$12K
Avg Days on Market
68
Months of Supply
36.5
YoY Price Change
+392.8%
New Listings (3M)
59

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-137
1-2 acres-3710
2-5 acres13611
5-10 acres--815
10-20 acres--12
20-50 acres-7917
50-100 acres1123
100+ acres1367
TOTAL3184272
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres7 sold / 72 listed
1-2 acres10 sold / 45 listed
2-5 acres11 sold / 57 listed
5-10 acres15 sold / 20 listed
10-20 acres2 sold / 6 listed
20-50 acres17 sold / 6 listed
50-100 acres3 sold / 5 listed
100+ acres7 sold / 4 listed

Median Price by Acreage

$0$325K$650K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$15.7M
Last 12 months
Active Listings
219
Current inventory
Avg Days on Market
68
Time to sell
Price Trend (YoY)
+392.8%
Year over year

Otter Tail County, Minnesota Land Market Analysis

How much is land worth in Otter Tail County, Minnesota?

The median price for land in Otter Tail County, Minnesota is currently $12K per acre. For a typical parcel, the median sale price is $155K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $418K.

Is now a good time to buy land in Otter Tail County, Minnesota?

Otter Tail County, Minnesota is currently a strong buyer's market with 36.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 392.8% year-over-year.

What is the months of supply for land in Otter Tail County, Minnesota?

Otter Tail County, Minnesota currently has 36.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total land for sale in Otter Tail County, Minnesota?

There are currently 219 active listings in Otter Tail County, Minnesota. 59 new listings have hit the market in the last 90 days. The median asking price is $120K.

What is the median land price in Otter Tail County, Minnesota?

The median land price in Otter Tail County, Minnesota stands at $155K. This translates to roughly $12K per acre for the typical parcel size. The average price is $215K, indicating some higher-priced properties pulling up the average.

Is now a good time to invest in land in Otter Tail County, Minnesota?

The current absorption rate in Otter Tail County, Minnesota is 2.7% (3-month basis), indicating slow demand. With appreciating values (+392.8% YoY), the market shows growth potential. The top-performing broker in this market is Whitetail Properties Real Esta.

How long does it take to sell land in Otter Tail County, Minnesota?

Land in Otter Tail County, Minnesota typically sells within 68 days of listing. The median time on market is 40 days. Properties are moving at a moderate pace in the current strong buyer's market.

Data Sources & Accuracy

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.

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