Comprehensive market data and analysis• Updated Dec 2025
5.1 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 4 | 5 |
| 5-10 acres | - | - | 1 | 3 |
| 10-20 acres | 1 | 1 | 4 | 6 |
| 20-50 acres | 1 | 4 | 5 | 8 |
| 50-100 acres | - | - | 1 | 3 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 2 | 7 | 16 | 29 |
Acreage buckets
The median price for land in Two Harbors, Minnesota is currently $9K per acre. For a typical parcel, the median sale price is $115K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $31K while premium lots reached $257K.
Two Harbors, Minnesota is currently a seller's market with 5.1 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 30.0% year-over-year.
Two Harbors, Minnesota currently has 5.1 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Two Harbors, Minnesota saw 29 properties sold, totaling $4.2M in sales volume. In just the last 3 months, 7 properties changed hands.
The median land price in Two Harbors, Minnesota stands at $115K. This translates to roughly $9K per acre for the typical parcel size. The average price is $146K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Two Harbors, Minnesota is 19.4% (3-month basis), indicating strong demand. With depreciating values (-30.0% YoY), buyers may find value opportunities. The top-performing broker in this market is RE/MAX Professionals - Two Harbors.
Land in Two Harbors, Minnesota typically sells within 60 days of listing. The median time on market is 32 days. Properties are moving at a moderate pace in the current seller'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.
