Comprehensive market data and analysis• Updated Dec 2025
1.1 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 2 |
| 10-20 acres | - | 1 | 2 | 3 |
| 20-50 acres | - | 2 | 2 | 4 |
| 50-100 acres | 1 | 2 | 3 | 4 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 2 | 8 | 11 | 16 |
Acreage buckets
The median price for land in Sturgeon Lake, Minnesota is currently $4K per acre. For a typical parcel, the median sale price is $99K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $48K while premium lots reached $254K.
Sturgeon Lake, Minnesota is currently a very hot seller's market with 1.1 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 36.7% year-over-year.
Sturgeon Lake, Minnesota currently has 1.1 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Sturgeon Lake, Minnesota typically sells within 66 days of listing. The median time on market is 44 days. Properties are moving at a moderate pace in the current very hot seller's market.
Land in Sturgeon Lake, Minnesota averages $13K per acre. The median price per acre is $4K, which may be more representative of typical transactions. Most parcels sold are around 30.0 acres.
The 3-month absorption rate in Sturgeon Lake, Minnesota is 88.9%. The 12-month rate is 44.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Sturgeon Lake, Minnesota stands at $99K. This translates to roughly $4K per acre for the typical parcel size. The average price is $146K, indicating some higher-priced properties pulling up the average.
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.
