Comprehensive market data and analysis• Updated Dec 2025
9.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 1 |
| 1-2 acres | - | - | 2 | 2 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | 2 | 3 |
| 50-100 acres | 1 | 1 | 2 | 5 |
| 100+ acres | - | 2 | 2 | 4 |
| TOTAL | 2 | 5 | 10 | 17 |
Acreage buckets
The median price for land in Palisade, Minnesota is currently $3K per acre. For a typical parcel, the median sale price is $140K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $354K.
Palisade, Minnesota is currently a buyer's market with 9.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 69.2% year-over-year.
Palisade, Minnesota currently has 9.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Palisade, Minnesota typically sells within 52 days of listing. The median time on market is 56 days. Properties are moving quickly in the current buyer's market.
The current absorption rate in Palisade, Minnesota is 10.4% (3-month basis), indicating moderate demand. With appreciating values (+69.2% YoY), the market shows growth potential. The top-performing broker in this market is McGregor Realty & Property.
Land in Palisade, Minnesota averages $35K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 74.0 acres.
There are currently 16 active listings in Palisade, Minnesota. 10 new listings have hit the market in the last 90 days. The median asking price is $135K.
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.
