Extension Logo
Extension Logo
University of Minnesota Extension
extension.umn.edu

Farmland sale prices

What are historical agricultural land values in Minnesota? How have prices changed over time? 

Minnesota farmland sales by county 2019-2020

County Number of sales 2020 Average 2020 per-acre price Minimum 2020 per-acre price Maximum 2020 per-acre price Average 2019 per-acre price
Aitkin 7 2,030 721 6,010 1,119
Anoka 6 7,128 5,256 8,322 7,391
Becker 17 3,000 1,600 5,075 2,806
Beltrami 10 2,263 1,220 6,394 1,326
Benton 14 3,826 2,003 12,000 5,164
Big Stone 4 4,556 4,196 5,200 4,696
Blue Earth 20 6,928 4,048 9,004 7,505
Brown 20 6,032 790 9,470 6,339
Carlton 7 2,974 1,413 5,158 2,170
Carver 10 7,659 3,317 12,269 6,799
Cass 6 2,123 1,204 3,150 2,570
Chippewa 16 6,488 4,452 7,753 6,569
Chisago 6 6,154 2,863 11,208 3,573
Clay 27 3,337 1,003 6,678 3,862
Clearwater 10 1,908 801 5,200 2,357
Cook No Sales No Sales No Sales No Sales No Sales
Cottonwood 16 6,282 895 8,966 7,709
Crow Wing 13 3,018 880 8,001 5,035
Dakota 11 8,489 5,690 13,654 7,513
Dodge 18 7,267 5,170 9,275 7,755
Douglas 11 4,261 2,031 14,195 3,082
Faribault 17 6,979 4,789 8,500 5,756
Fillmore 32 5,131 1,928 13,500 5,518
Freeborn 26 5,009 256 8,985 5,024
Goodhue 19 6,319 4,000 11,231 6,150
Grant 10 4,359 2,854 6,475 3,653
Hennepin 2 11,556 9,962 13,150 11,380
Houston 14 4,886 3,200 6,652 5,464
Hubbard 5 2,770 1,195 4,635 1,984
Isanti 13 3,658 2,500 6,950 3,774
Itasca 5 2,919 811 7,399 4,053
Jackson 17 6,094 3,078 10,228 5,393
Kanabec 7 3,375 1,971 6,691 2,336
Kandiyohi 18 6,337 4,039 9,759 5,566
Kittson 12 1,290 700 3,537 1,906
Koochiching 4 1,848 533 2,762 2,271
Lac Qui Parle 12 4,704 3,500 6,427 4,623
Lake of the Woods 2 1,029 656 1,402 817
Le Sueur 13 6,561 5,644 8,210 6,625
Lincoln 10 4,052 1,985 6,200 4,253
Lyon 9 5,998 3,519 7,800 5,598
Mahnomen 7 2,529 1,071 4,053 3,117
Marshall 37 1,774 247 4,750 2,040
Martin 17 7,462 5,950 8,808 7,165
McLeod 19 5,074 3,036 7,599 5,183
Meeker 16 4,519 2,875 6,750 4,227
Mille Lacs 18 3,792 1,599 8,766 3,634
Morrison 20 3,526 600 8,645 3,568
Mower 28 6,750 3,576 8,750 6,728
Murray 9 4,768 2,570 6,588 5,601
Nicollet 10 7,594 6,011 9,050 6,985
Nobles 23 6,763 3,936 8,650 8,513
Norman 19 3,314 1,794 4,750 3,222
Olmsted 21 7,203 3,852 15,734 6,256
Otter Tail 46 2,879 1,254 9,384 2,572
Pennington 20 1,908 1,150 3,991 2,099
Pine 12 3,208 1,293 8,300 4,428
Pipestone 18 6,591 2,600 11,170 6,724
Polk 43 3,258 975 7,250 2,713
Pope 6 2,969 1,279 4,625 4,252
Red Lake 7 2,029 1,610 2,507 1,990
Redwood 30 6,331 1,900 8,295 7,010
Renville 32 6,268 884 9,276 5,924
Rice 24 6,845 4,199 13,235 6,058
Rock 20 7,793 2,874 13,260 7,494
Roseau 16 1,273 555 5,663 1,107
Scott 11 8,609 4,637 11,951 7,884
Sherburne 3 3,765 3,125 4,333 7,756
Sibley 19 6,674 4,750 9,266 6,763
St. Louis 1 9,250 9,250 9,250 2,715
Stearns 29 5,222 2,750 9,019 5,874
Steele 14 5,513 4,200 7,039 5,862
Stevens 8 4,195 591 6,098 4,750
Swift 20 4,287 1,500 6,572 5,275
Todd 35 2,952 1,429 6,926 2,946
Traverse 8 4,841 3,449 5,375 5,139
Wabasha 9 5,245 2,999 9,937 5,952
Wadena 4 1,802 831 2,250 3,492
Waseca 10 6,432 1,566 7,884 5,728
Washington 6 12,044 6,166 15,137 10,009
Watonwan 17 5,818 1,481 8,200 6,580
Wilkin 10 4,114 2,910 4,999 4,531
Winona 8 5,432 3,250 8,940 5,894
Wright 22 6,518 3,550 12,350 6,938
Yellow Medicine 16 5,310 1,775 7,450 5,249
Minnesota 1,264 4,937 247 15,734 4,837

Southwest Minnesota farmland prices

Data updated for 2021 sales in Feb. 2022.

 | 

David Bau, Extension educator, and William Lazarus, Extension economist

Reviewed in 2022

Share this page:
Page survey

© 2022 Regents of the University of Minnesota. All rights reserved. The University of Minnesota is an equal opportunity educator and employer.