Olmsted County, MN
Land Market Insights and Pricing in Olmsted County, Minnesota
On average, land listings in Olmsted County, MN have a lot size of 61 acres and are priced around $1,538,423. The median price per acre in Olmsted County, MN is $19,956.
Market Trends
Properties for Sale
429
Total Acreage for Sale
2,058 ac
Median Lot Size
42.7 ac
Average Lot Size
60.5 ac
Median List Price
$837,000
Average List Price
$1,538,423
Median Price Per Acre
$19,956 / ac
Total Price Reductions
1 property
Median Days on Market
702 days
Average Days on Market
7,694 days
Land for Sale in Olmsted County,
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About Olmsted County, MN
Olmsted County, Minnesota, offers a captivating landscape for land buyers, transitioning from flat agricultural plains in the west to rugged, dissected river valleys in the east. The county is uniquely shaped by three rivers—the Zumbro, Whitewater, and Root—creating dramatic bluffs and occasional buttes. While lacking natural lakes, Olmsted boasts six reservoirs, providing waterfront opportunities. The terrain is dominated by low rolling hills, with prime farmland surrounding Rochester, the county's urban hub. This juxtaposition of rural and urban areas, coupled with a strong healthcare-driven economy (47.7% employment in educational and health services), creates diverse land use potential. Prospective buyers should note the slightly higher-than-average property tax rate of 1.09% and the county's exceptional resilience to natural disasters, as assessed by FEMA.
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