Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 2 | 2 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 4 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 3 | 8 |
Acreage buckets
The median price for land in Saint Michael, Minnesota is currently $56K per acre. For a typical parcel, the median sale price is $210K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $100K while premium lots reached $940K.
Saint Michael, 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.
Saint Michael, Minnesota currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Saint Michael, Minnesota is 11.1%. The 12-month rate is 7.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Saint Michael, Minnesota typically sells within 319 days of listing. The median time on market is 131 days. Properties are moving slowly in the current buyer's market.
The median land price in Saint Michael, Minnesota stands at $210K. This translates to roughly $56K per acre for the typical parcel size. The average price is $446K, indicating some higher-priced properties pulling up the average.
Land in Saint Michael, Minnesota averages $145K per acre. The median price per acre is $56K, which may be more representative of typical transactions. Most parcels sold are around 11.3 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.
