Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 17,363 ↑ 0.8% since 2020 |
| Median Household Income | $50,133 33% below national median |
| Median Home Value | $123,000 |
| Unemployment Rate | 4.3% |
| Median Age | 37.5 years |
| Housing Vacancy Rate | 14.5% |
| Total Land Sales (Past 12 Months) | 60 transactions |
| Active Listings | 23 properties |
| Avg Days on Market | 554 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $21,302 |
| Recent Sales | 59 transactions |
| Avg Days on Market | 215 days |
| Avg Parcel Size | 20.22 acres |
| Active Listings | 21 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 30.45 | $55,000 | $1,806 | Xxx Zekes Rd | Schroeder |
| Mar 2026New | 30.45 | $55,000 | $1,806 | Zekes Rd | Schroeder |
| Feb 2026 | 1.20 | $205,000 | $170,833 | 39XX Arrowhead Trl | Hovland |
| Jan 2026 | 39.00 | $65,400 | $1,677 | Xxx Irish Creek Rd | Hovland |
| Dec 2025 | 20.01 | $45,000 | $2,249 | A S Lost Lake Rd | Hovland |
| Dec 2025 | 5.24 | $85,000 | $16,221 | 169 Hillside Dr | Lutsen |
| Dec 2025 | 2.01 | $51,500 | $25,622 | X7 Caps Trl | Lutsen |
| Nov 2025 | 40.00 | $550,000 | $13,750 | 184 County Road 14 | Grand Marais |
| Nov 2025 | 1.35 | $200,000 | $148,148 | 2XX N Gunflint Lake Rd | Grand Marais |
| Nov 2025 | 10.75 | $277,500 | $25,814 | PARCEL 3 Old Gunflint Trl | Grand Marais |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Nov 2025 | 13.27 | $63,000 | $4,748 | 4 Devilfish Lake Access Rd | Hovland |
| Nov 2025 | 1.45 | $70,000 | $48,276 | 3X Brandon Ln | Grand Marais |
| Oct 2025 | 40.00 | $320,000 | $8,000 | Mink Rnch | Lutsen |
| Oct 2025 | 1.76 | $240,000 | $136,364 | 73 Tofte Cabin Trl | Grand Marais |
| Oct 2025 | 1.19 | $450,000 | $378,151 | Chessie Trl | Grand Marais |
| Oct 2025 | 5.70 | $262,000 | $45,965 | 77 Magnetic Lake Rd | Grand Marais |
| Oct 2025 | 2.27 | $47,000 | $20,705 | Pine Peak Rd Lot 4 | Lutsen |
| Oct 2025 | 81.81 | $140,000 | $1,711 | 305 Irish Creek Rd | Hovland |
| Oct 2025 | 40.00 | $28,000 | $700 | Xxx Arrowhead Trl | Hovland |
| Sep 2025 | 3.17 | $170,000 | $53,628 | 3X S Shore Dr | Grand Marais |
| Sep 2025 | 40.00 | $35,000 | $875 | Esther Lake Rd | Hovland |
| Sep 2025 | 4.01 | $185,000 | $46,135 | X4 S Shore Dr | Grand Marais |
| Sep 2025 | 6.00 | $225,000 | $37,500 | 122 County Road 6 | Grand Marais |
| Aug 2025 | 39.64 | $295,000 | $7,442 | 1 Jackson Lake Rd | Hovland |
| Aug 2025 | 70.00 | $74,450 | $1,064 | Xxx East Cascade Area | Grand Marais |
| Aug 2025 | 5.87 | $334,000 | $56,899 | X Coyote Rdg | Grand Marais |
| Jul 2025 | 40.00 | $55,000 | $1,375 | 48 Xxx County Rd | Grand Marais |
| Jul 2025 | 1.00 | $37,900 | $37,900 | E Deeryard Rd | Grand Marais |
| Jul 2025 | 6.50 | $839,900 | $129,215 | 9308 W Highway 61 | Schroeder |
| Jul 2025 | 10.00 | $89,000 | $8,900 | 10X Franks Way | Grand Marais |
| Jul 2025 | 46.46 | $85,000 | $1,830 | Xxxx Tom Lake Rd | Hovland |
| Jul 2025 | 38.25 | $300,000 | $7,843 | A 54xx Hwy | Lutsen |
| Jun 2025 | 3.34 | $87,000 | $26,048 | Skou Rd | Schroeder |
| Jun 2025 | 4.05 | $385,000 | $95,062 | Xx East Bay | Grand Marais |
| Jun 2025 | 1.50 | $65,900 | $43,933 | X31 Isak Rdg | Lutsen |
| Jun 2025 | 2.98 | $269,000 | $90,268 | 1045 S Shore Dr | Grand Marais |
| Jun 2025 | 5.31 | $112,651 | $21,215 | Xx9 Murphy Drive Block Lot 9-1 | Grand Marais |
| Jun 2025 | 5.21 | $117,349 | $22,524 | X10 Murphy Dr Lot 10 | Grand Marais |
| Jun 2025 | 1.10 | $445,000 | $404,545 | W Highway 61 | Tofte |
| Jun 2025 | 3.65 | $209,000 | $57,260 | Xx Anhorn Dr | Grand Marais |
| Jun 2025 | 67.50 | $160,000 | $2,370 | Xxx Sawbill Trl | Tofte |
| Jun 2025 | 9.86 | $145,000 | $14,706 | 12XX Golf Course Rd | Grand Marais |
| Jun 2025 | 16.18 | $28,963 | $1,790 | 1639 Camp 20 Rd | Hovland |
| Jun 2025 | 2.00 | $75,000 | $37,500 | Xx Ravenwood Rd Lot 1 | Grand Marais |
| Jun 2025 | 5.00 | $110,000 | $22,000 | 6 Quist Rd | Grand Marais |
| Jun 2025 | 5.13 | $200,000 | $38,986 | Xxx1 Old Gunflint Trl | Grand Marais |
| May 2025 | 2.06 | $268,000 | $130,097 | Tofte Cabin Trl | Grand Marais |
| May 2025 | 1.77 | $268,000 | $151,412 | Xxx Tofte Cabin Trl | Grand Marais |
| May 2025 | 10.75 | $229,000 | $21,302 | Xxx3 Old Gunflint Trl | Grand Marais |
| May 2025 | 3.96 | $75,000 | $18,939 | X48 Hansen Hjemsted Rd | Lutsen |
| May 2025 | 44.54 | $239,000 | $5,366 | County Road 14 | Grand Marais |
| May 2025 | 3.16 | $85,000 | $26,899 | 176 Brumbaugh Rd | Grand Marais |
| Apr 2025 | 9.50 | $300,000 | $31,579 | 212 The Grade | Grand Marais |
| Apr 2025 | 8.38 | $205,000 | $24,463 | 186 Willard Ln | Lutsen |
| Apr 2025 | 5.24 | $65,000 | $12,405 | 76 Murphy Dr Lot 3 | Grand Marais |
| Mar 2025 | 130.00 | $900,000 | $6,923 | Xxxx Gunflint Trl | Grand Marais |
| Mar 2025 | 130.00 | $900,000 | $6,923 | Gunflint Trl | Grand Marais |
| Mar 2025 | 5.37 | $75,000 | $13,966 | 7 Murphy Dr | Grand Marais |
| Mar 2025 | 26.60 | $160,000 | $6,015 | Xx Bally Creek Rd | Grand Marais |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $143,000 |
| Recent Sales | 1 transactions |
| Avg Days on Market | 100 days |
| Avg Parcel Size | 0.26 acres |
| Active Listings | 2 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Dec 2025 | 0.26 | $143,000 | 3xx 9th Ave W | Grand Marais |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 5,633 |
| Population (2020) | 5,600 |
| Population Growth | 0.59% |
| Median Household Income | $71,643 |
| Median Home Value | $294,000 |
| Total Housing Units | 6,024 |
| Vacant Housing Units | 3,324 |
| Housing Vacancy Rate | 55.2% |
| Median Age | 52.3 |
| Bachelor's Degree or Higher | 1,247 (22.1%) |
| Unemployment Rate | 4.3% |
Market Overview
Cook County, Minnesota has a population of 5,633, which has grown 0.59% since 2020. The median household income is $71,643, below the national median of $74,580 by 3.9%. The housing vacancy rate of 55.2% suggests soft market conditions. Cook County is part of Minnesota's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $19,124 per acre, with properties averaging 16.20 acres. There are currently 23 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Cook County, Minnesota?
As of the 2023 American Community Survey, Cook County has a population of 5,633. The county has grown 0.59% since the 2020 Census, indicating a growing community.
What is the median household income in Cook County?
The median household income in Cook County is $71,643, which is 3.9% below the national median of $74,580.
Is Cook County growing or shrinking?
Cook County is growing. The population has increased 0.59% since 2020.
What is the housing market like in Cook County?
The median home value in Cook County is $294,000. The housing vacancy rate is 55.2%, which suggests soft market conditions. The unemployment rate is 4.3%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $19,124 per acre. Suburban/urban lots under 1 acre have a median lot price of $151,500.
Does Reelvest buy land in Cook County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Cook County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.