Comprehensive market data and analysis• Updated Oct 2026
22.5 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 | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 2 | 3 |
Acreage buckets
The median price for land in Shafer, Minnesota is currently $20K 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 $110K while premium lots reached $298K.
Shafer, Minnesota is currently a strong buyer's market with 22.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Shafer, Minnesota currently has 22.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 15 active listings in Shafer, Minnesota. 2 new listings have hit the market in the last 90 days. The median asking price is $80K.
Over the past 12 months, Shafer, Minnesota saw 3 properties sold, totaling $615K in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Shafer, Minnesota typically sells within 102 days of listing. The median time on market is 102 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Shafer, Minnesota averages $23K per acre. The median price per acre is $20K, which may be more representative of typical transactions. Most parcels sold are around 7.0 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, 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.
See land for sale and off-market property records in Shafer on LandyDandy.
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