Comprehensive market data and analysis• Updated Oct 2026
3.0 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 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | 1 | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 3 | 4 | 5 |
Acreage buckets
The median price for land in Tofte, Minnesota is currently $30K per acre. For a typical parcel, the median sale price is $93K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $51K while premium lots reached $137K.
Tofte, Minnesota is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Tofte, Minnesota currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Tofte, Minnesota saw 4 properties sold, totaling $374K in sales volume. In just the last 3 months, 3 properties changed hands.
Land in Tofte, Minnesota typically sells within 74 days of listing. The median time on market is 10 days. Properties are moving at a moderate pace in the current seller's market.
Land in Tofte, Minnesota averages $28K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 3.5 acres.
The median land price in Tofte, Minnesota stands at $93K. This translates to roughly $30K per acre for the typical parcel size. The average price is $94K, 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, 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 Tofte on LandyDandy.
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