Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 0 | 0 | 3 |
Acreage buckets
The median price for land in Red Lake Falls, Minnesota is currently $11K per acre. For a typical parcel, the median sale price is $148K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $146K while premium lots reached $150K.
There are currently 1 active listings in Red Lake Falls, Minnesota. The median asking price is $18K.
The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Red Lake Falls, Minnesota stands at $148K. This translates to roughly $11K per acre for the typical parcel size.
The top-performing broker in this market is 123 For Sale Realty.
Over the past 12 months, Red Lake Falls, Minnesota saw 2 properties sold, totaling $295K in sales volume.
Land in Red Lake Falls, Minnesota averages $11K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 28.5 acres.
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.
