Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 47,844 ↑ 0.6% since 2020 |
| Median Household Income | $82,749 11% above national median |
| Median Home Value | $269,400 |
| Unemployment Rate | 3.6% |
| Median Age | 42.3 years |
| Housing Vacancy Rate | 6.8% |
| Total Land Sales (Past 12 Months) | 35 transactions |
| Active Listings | 55 properties |
| Avg Days on Market | 550 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $44,907 |
| Recent Sales | 24 transactions |
| Avg Days on Market | 176 days |
| Avg Parcel Size | 15.85 acres |
| Active Listings | 37 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 4.89 | $460,000 | $94,070 | 3rd St NE | Pine Island |
| Feb 2026 | 1.73 | $79,000 | $45,665 | Territorial Rd | Lake City |
| Feb 2026 | 4.92 | $350,000 | $71,196 | 5 Xx L5b3 65th St | Hastings |
| Jan 2026 | 4.46 | $335,000 | $75,129 | 2 Xx L2b1 65th St | Hastings |
| Jan 2026 | 1.65 | $200,000 | $121,212 | 30534 Wild Turkey Ct | Frontenac |
| Jan 2026 | 2.87 | $315,000 | $109,756 | 1 Xxl1b2 65th St | Hastings |
| Jan 2026 | 1.08 | $49,500 | $45,833 | 34382 306th St | Frontenac |
| Jan 2026 | 79.88 | $22,000 | $275 | 45880 235th Avenue Way | Mazeppa |
| Dec 2025 | 13.00 | $175,000 | $13,462 | 4865 County Road 9 Blvd | Dennison |
| Nov 2025 | 1.21 | $43,500 | $35,950 | 34661 Bluffview Ct | Frontenac |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Nov 2025 | 66.74 | $473,854 | $7,100 | Bush St | Red Wing |
| Oct 2025 | 67.00 | $710,000 | $10,597 | 31255 Flueger Rd | Red Wing |
| Oct 2025 | 26.85 | $354,420 | $13,200 | X 130th Ave | Welch |
| Sep 2025 | 2.42 | $159,000 | $65,702 | Ash Ct | Cannon Falls |
| Aug 2025 | 1.26 | $105,000 | $83,333 | 1430 Anthony Ct | Zumbrota |
| Jun 2025 | 1.08 | $48,500 | $44,907 | 34362 306th St | Frontenac |
| Jun 2025 | 3.00 | $123,600 | $41,200 | 38489 100th Ave | Cannon Falls |
| May 2025 | 1.22 | $69,900 | $57,295 | Territorial Rd | Lake City |
| May 2025 | 37.81 | $510,000 | $13,488 | 38629 53rd Avenue Way | Dennison |
| May 2025 | 5.70 | $483,000 | $84,737 | Xxxx County 24 Blvd | Cannon Falls |
| May 2025 | 8.22 | $105,000 | $12,774 | 7 County Blvd | Welch |
| Apr 2025 | 15.57 | $150,000 | $9,634 | X Branch Trl | Pine Island |
| Mar 2025 | 22.97 | $165,000 | $7,183 | Echo Valley Trl | Cannon Falls |
| Mar 2025 | 4.96 | $92,000 | $18,548 | 28645 Ridgeview Dr S | Red Wing |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $50,000 |
| Recent Sales | 11 transactions |
| Avg Days on Market | 119 days |
| Avg Parcel Size | 0.32 acres |
| Active Listings | 18 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Jan 2026 | 0.27 | $40,000 | 4976 Chalet Ct | Red Wing |
| Dec 2025 | 0.20 | $50,000 | 4994 Chalet Ct | Red Wing |
| Dec 2025 | 0.29 | $45,000 | 4986 Chalet Ct | Red Wing |
| Dec 2025 | 0.85 | $100,000 | Mill Rd | Red Wing |
| Nov 2025 | 0.25 | $50,000 | 4990 Chalet Ct | Red Wing |
| Nov 2025 | 0.44 | $75,000 | 405 Sunflower Ct | Cannon Falls |
| Oct 2025 | 0.23 | $125,000 | 768 Bohlken Dr | Hastings |
| Oct 2025 | 0.33 | $60,000 | 469 Aspen Ave | Red Wing |
| Oct 2025 | 0.35 | $46,000 | 505 Aspen Ave | Red Wing |
| Sep 2025 | 0.17 | $23,000 | 1042 3rd St | Wanamingo |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Sep 2025 | 0.17 | $23,000 | 1032 3rd St | Wanamingo |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 47,844 |
| Population (2020) | 47,582 |
| Population Growth | 0.55% |
| Median Household Income | $82,749 |
| Median Home Value | $269,400 |
| Total Housing Units | 21,071 |
| Vacant Housing Units | 1,440 |
| Housing Vacancy Rate | 6.8% |
| Median Age | 42.3 |
| Bachelor's Degree or Higher | 6,422 (13.4%) |
| Unemployment Rate | 3.6% |
Market Overview
Goodhue County, Minnesota has a population of 47,844, which has grown 0.55% since 2020. The median household income is $82,749, above the national median of $74,580 by 11.0%. The housing vacancy rate of 6.8% suggests tight market conditions. The county's location in Minnesota makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $18,718 per acre, with properties averaging 15.30 acres. There are currently 55 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Goodhue County, Minnesota?
As of the 2023 American Community Survey, Goodhue County has a population of 47,844. The county has grown 0.55% since the 2020 Census, indicating a growing community.
What is the median household income in Goodhue County?
The median household income in Goodhue County is $82,749, which is 11.0% above the national median of $74,580.
Is Goodhue County growing or shrinking?
Goodhue County is growing. The population has increased 0.55% since 2020.
What is the housing market like in Goodhue County?
The median home value in Goodhue County is $269,400. The housing vacancy rate is 6.8%, which suggests tight market conditions. The unemployment rate is 3.6%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $18,718 per acre. Suburban/urban lots under 1 acre have a median lot price of $50,000.
Does Reelvest buy land in Goodhue County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Goodhue 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.