Steele County, MN

Land Market Insights and Pricing in Steele County, Minnesota

On average, land listings in Steele County, MN have a lot size of 95 acres and are priced around $1,073,734. The median price per acre in Steele County, MN is $10,250.
Market Trends
Properties for Sale
120
Total Acreage for Sale
1,139 ac
Median Lot Size
66.3 ac
Average Lot Size
94.9 ac
Median List Price
$754,000
Average List Price
$1,073,734
Median Price Per Acre
$10,250 / ac
Total Price Reductions
1 property
Median Days on Market
285 days
Average Days on Market
5,703 days

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About Steele County, MN
Steele County, Minnesota, offers a landscape of low rolling hills and fertile plains, ideal for agricultural pursuits. Spanning 430 square miles of land, the county is etched with drainages and dotted with small lakes and ponds, particularly in its western and northeastern sections. The Straight River flows northward through the county's center, while the South Branch of the Middle Fork of the Zumbro River rises in the east. Well-connected by major highways, including Interstate 35 and U.S. Routes 14 and 218, Steele County provides excellent land accessibility. The area boasts a strong economy with a low 3.1% unemployment rate and median worker earnings of $48,593, surpassing the national average. While property taxes at 1.21% are slightly higher than the national average, the county's affordable median home price of $234,200 and high resilience to natural disasters make it an attractive option for land buyers seeking agricultural or development opportunities in southern Minnesota.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.