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 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Traverse County, Minnesota is currently $60K per acre. For a typical parcel, the median sale price is $41K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $64K.
The top-performing broker in this market is 203 Realty.
The median land price in Traverse County, Minnesota stands at $41K. This translates to roughly $60K per acre for the typical parcel size.
Land in Traverse County, Minnesota averages $60K per acre. The median price per acre is $60K, which may be more representative of typical transactions. Most parcels sold are around 27,225 sq ft.
The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 2 active listings in Traverse County, Minnesota. The median asking price is $619K.
Land in Traverse County, Minnesota typically sells within 95 days of listing. The median time on market is 95 days. Properties are moving at a moderate pace in the current strong buyer's market.
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.
