Comprehensive market data and analysis• Updated Oct 2026
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Racine, Minnesota is currently $13K per acre. For a typical parcel, the median sale price is $288K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $138K while premium lots reached $438K.
Racine, Minnesota is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Racine, Minnesota currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Racine, Minnesota saw 2 properties sold, totaling $575K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Racine, Minnesota typically sells within 232 days of listing. The median time on market is 232 days. Properties are moving slowly in the current buyer's market.
The median land price in Racine, Minnesota stands at $288K. This translates to roughly $13K per acre for the typical parcel size.
There are currently 3 active listings in Racine, Minnesota. 2 new listings have hit the market in the last 90 days. The median asking price is $125K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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