Buying Land in Minnesota

Minnesota is known for its many lakes, scenic views and iconic Twin Cities. Investors interested in buying Minnesota land for sale should consider the following FAQs before making a purchase.

Which Minnesota counties are popular for buying land?

The median listing price of land in Minnesota is $299,000. The state is one of the top five agricultural producers in the U.S., and soybean, corn and hog farms make up the primary land use. Most land sales occur in Saint Louis, Pine, Itasca, Aitkin, and Fillmore Counties, with a median price of $571,071 per acre. This cost is slightly higher than the rest of the country.

What are Minnesota's weather and seasonality?

The Land of 10,000 Lakes experiences very cold winters and mild summers. The rainfall averages 18 to 32 inches, most of it occurring in the warmer months of May through September. The state's average snowfall ranges from 36 to over 70 inches. The closer you are to the Lake Superior Snowbelt, the more snowfall your area will receive.

What if I want to build in Minnesota?

Before you build, you must consult your municipality's zoning laws. Some cities, such as Minneapolis, have recently implemented stricter zoning laws, such as restrictions on building single-family homes. Therefore, determine if your building plans are permitted before purchasing your land parcel. Also, Minnesota's property taxes are pricier than many other U.S. states.