Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 45,141 ↑ 0.3% since 2020 |
| Median Household Income | $66,380 11% below national median |
| Median Home Value | $212,000 |
| Unemployment Rate | 5.8% |
| Median Age | 46.9 years |
| Housing Vacancy Rate | 27.7% |
| Total Land Sales (Past 12 Months) | 124 transactions |
| Active Listings | 74 properties |
| Avg Days on Market | 296 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $5,486 |
| Recent Sales | 118 transactions |
| Avg Days on Market | 195 days |
| Avg Parcel Size | 24.90 acres |
| Active Listings | 49 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 9.26 | $99,500 | $10,745 | Timberline Dr | Grand Rapids |
| Mar 2026New | 39.91 | $105,000 | $2,631 | 14730 County Road 25 | Wawina |
| Feb 2026 | 40.16 | $79,000 | $1,967 | Mushgee Rd | Deer River |
| Feb 2026 | 39.84 | $95,000 | $2,385 | 25 Itasca Country | Floodwood |
| Feb 2026 | 29.69 | $73,000 | $2,459 | S Ted Peterson Rd | Bigfork |
| Feb 2026 | 1.36 | $95,000 | $69,853 | W Amen Lake Rd | Deer River |
| Feb 2026 | 58.30 | $107,500 | $1,844 | Itasca County | Paynesville |
| Feb 2026 | 58.20 | $107,500 | $1,847 | Itasca County | Paynesville |
| Feb 2026 | 58.30 | $107,500 | $1,844 | County Road 31 | Wirt |
| Feb 2026 | 58.20 | $107,500 | $1,847 | Tbd2 County Rd #31 | Wirt |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 3.20 | $32,800 | $10,250 | 6 Rippling Oak Ridge River Dr | Pengilly |
| Jan 2026 | 53.10 | $90,000 | $1,695 | County Road 10 | Warba |
| Jan 2026 | 11.81 | $50,000 | $4,234 | 52468 County Road 29 | Wirt |
| Jan 2026 | 6.80 | $60,000 | $8,824 | County Road 427 | Grand Rapids |
| Jan 2026 | 1.80 | $147,900 | $82,167 | PARCEL County Road 35 #A | Deer River |
| Dec 2025 | 1.17 | $19,900 | $17,009 | 29606 E Bass Lake Rd | Grand Rapids |
| Dec 2025 | 25.07 | $175,000 | $6,980 | 40826 County Road 311 | Deer River |
| Dec 2025 | 22.80 | $70,000 | $3,070 | 37139 Hanson Rd | Bigfork |
| Dec 2025 | 4.10 | $84,000 | $20,488 | Snowball Rd | Pengilly |
| Dec 2025 | 9.98 | $47,000 | $4,709 | 32241 State Highway 1 | Effie |
| Dec 2025 | 22.00 | $62,000 | $2,818 | 26299 County Road 11 | Cohasset |
| Dec 2025 | 40.10 | $85,000 | $2,120 | 64636 County Road 235 | Effie |
| Nov 2025 | 14.40 | $74,900 | $5,201 | 40 Tbd Co Rd | Effie |
| Nov 2025 | 4.60 | $100,000 | $21,739 | 64599 S Pickerel Rd | Effie |
| Nov 2025 | 39.74 | $40,000 | $1,007 | Tbd River Rd | Grand Rapids |
| Nov 2025 | 2.50 | $215,000 | $86,000 | 53550 Little Bear Trl | Bigfork |
| Nov 2025 | 7.56 | $175,000 | $23,148 | Tbdxx County Rd #19 | Deer River |
| Nov 2025 | 79.70 | $100,000 | $1,255 | Feeley #3 | Warba |
| Oct 2025 | 9.70 | $90,000 | $9,278 | 30264 S Plantation Lake Ln | Bovey |
| Oct 2025 | 6.90 | $33,000 | $4,783 | Easy St | Floodwood |
| Oct 2025 | 40.20 | $70,000 | $1,741 | Tbd Co Road 60 | Bovey |
| Oct 2025 | 37.70 | $151,000 | $4,005 | Danson Rd | Grand Rapids |
| Oct 2025 | 3.87 | $130,000 | $33,592 | N White Swan Lake Rd | Bigfork |
| Oct 2025 | 78.25 | $31,500 | $403 | Baumgartner Rd | Deer River |
| Oct 2025 | 6.60 | $75,000 | $11,364 | 25570 County Road 59 | Bovey |
| Oct 2025 | 3.22 | $105,000 | $32,609 | 36002 County Road 238 | Deer River |
| Oct 2025 | 37.31 | $69,000 | $1,849 | Tbd State Highway 1 | Effie |
| Oct 2025 | 40.00 | $98,500 | $2,462 | 39499 Northwood Rd | Nashwauk |
| Oct 2025 | 6.30 | $105,000 | $16,667 | Melody Rd | Grand Rapids |
| Oct 2025 | 2.20 | $50,000 | $22,727 | Tbd S Highway 169 | Grand Rapids |
| Oct 2025 | 114.40 | $160,000 | $1,399 | Highway 65 | Nashwauk |
| Sep 2025 | 31.30 | $70,000 | $2,236 | Tbd County Road 19 | Deer River |
| Sep 2025 | 3.08 | $144,000 | $46,753 | Tbd S Sugar Ln | Cohasset |
| Sep 2025 | 39.63 | $50,000 | $1,262 | 61075 County Road 236 | Bigfork |
| Sep 2025 | 26.29 | $35,000 | $1,331 | 65 Tbd State Hwy | Nashwauk |
| Sep 2025 | 1.27 | $125,000 | $98,425 | 29986 W Splithand Rd | Grand Rapids |
| Sep 2025 | 1.30 | $70,000 | $53,846 | 1st St | Nashwauk |
| Sep 2025 | 40.39 | $90,000 | $2,228 | Northwind Rd | Marcell |
| Sep 2025 | 12.03 | $69,000 | $5,736 | Turtle River Rd | Marcell |
| Sep 2025 | 12.39 | $139,900 | $11,291 | 0 County Road 91 | Grand Rapids |
| Sep 2025 | 1.26 | $35,500 | $28,175 | LOT 8 Woodland Dr | Deer River |
| Sep 2025 | 39.32 | $79,000 | $2,009 | 22703 County Road 434 | Bovey |
| Sep 2025 | 1.42 | $50,000 | $35,211 | Tbd Piquant Way | Cohasset |
| Sep 2025 | 59.36 | $125,000 | $2,106 | 40257 State Highway 65 | Nashwauk |
| Sep 2025 | 2.50 | $23,500 | $9,400 | Tbd County Road 35 | Deer River |
| Sep 2025 | 1.95 | $150,000 | $76,923 | 14 Nicholas St | Grand Rapids |
| Sep 2025 | 14.50 | $47,000 | $3,241 | County Road 440 | Coleraine |
| Sep 2025 | 3.91 | $50,000 | $12,788 | 41967 Highway 65 | Nashwauk |
| Aug 2025 | 4.31 | $31,200 | $7,239 | 4227 State Highway 38 | Grand Rapids |
| Aug 2025 | 2.42 | $39,000 | $16,116 | 36719 State Highway 65 | Nashwauk |
| Aug 2025 | 1.28 | $40,000 | $31,250 | 11 & 1/2 Pine Tree Ln #10 | Coleraine |
| Aug 2025 | 3.23 | $42,000 | $13,003 | 27908 Sunset Point Rd | Cohasset |
| Aug 2025 | 4.39 | $20,000 | $4,556 | Mallum Dr | Bovey |
| Aug 2025 | 63.80 | $350,000 | $5,486 | 2829 E Highway 2 | Grand Rapids |
| Aug 2025 | 5.50 | $32,000 | $5,818 | 3 An Riv | Pengilly |
| Aug 2025 | 28.94 | $110,000 | $3,801 | 37106 Northview Rd | Nashwauk |
| Aug 2025 | 79.60 | $207,900 | $2,612 | 41181 County Road 242 | Cohasset |
| Jul 2025 | 3.10 | $57,000 | $18,387 | 38093 County Road 45 | Marcell |
| Jul 2025 | 7.41 | $27,000 | $3,644 | State Highway 65 & Kreklow Rd | Goodland |
| Jul 2025 | 7.30 | $242,500 | $33,219 | 46605 County Road 35 | Deer River |
| Jul 2025 | 11.00 | $40,000 | $3,636 | Northview Rd | Nashwauk |
| Jul 2025 | 2.39 | $20,000 | $8,368 | LOT 1 County Road 238 | Deer River |
| Jul 2025 | 1.75 | $36,000 | $20,571 | LOT 3 Woodland Dr | Deer River |
| Jul 2025 | 2.24 | $36,000 | $16,071 | LOT 4 Woodland Dr | Deer River |
| Jul 2025 | 2.23 | $36,000 | $16,143 | LOT 5 Woodland Dr | Deer River |
| Jul 2025 | 3.56 | $36,000 | $10,112 | LOT 9 Woodland Dr | Deer River |
| Jul 2025 | 2.80 | $390,000 | $139,286 | NULLC Ladyslipper Ln | Grand Rapids |
| Jul 2025 | 3.00 | $215,000 | $71,667 | NULLA Ladyslipper Ln | Grand Rapids |
| Jul 2025 | 3.10 | $165,000 | $53,226 | NULLB Ladyslipper Ln | Grand Rapids |
| Jul 2025 | 39.82 | $59,900 | $1,504 | Feeley #3 | Warba |
| Jul 2025 | 112.00 | $425,000 | $3,795 | County Road 56 | Nashwauk |
| Jul 2025 | 117.10 | $140,000 | $1,196 | 67241 State Highway 65 | Togo |
| Jul 2025 | 7.37 | $77,000 | $10,448 | X N Pinewood Dr | Bovey |
| Jul 2025 | 76.38 | $178,000 | $2,330 | 18131 County Road 433 | Swan River |
| Jul 2025 | 3.63 | $43,000 | $11,846 | 47530 Bourman Rd | Wirt |
| Jul 2025 | 36.97 | $45,000 | $1,217 | 1 Tbd Hwy | Effie |
| Jul 2025 | 40.24 | $103,700 | $2,577 | Tbd Little Whitefish Trl | Nashwauk |
| Jun 2025 | 20.33 | $88,000 | $4,329 | 25617 North Rd | Bovey |
| Jun 2025 | 41.35 | $68,000 | $1,644 | LOT 1 Hanson Lake Rd | Grand Rapids |
| Jun 2025 | 40.24 | $73,000 | $1,814 | Country Rd #55 | Nashwauk |
| Jun 2025 | 5.10 | $45,000 | $8,824 | 66535 County Road 533 | Effie |
| Jun 2025 | 17.20 | $41,000 | $2,384 | County Road 533 | Effie |
| Jun 2025 | 20.80 | $92,000 | $4,423 | 34780 Freestone Rd | Grand Rapids |
| Jun 2025 | 21.46 | $285,000 | $13,281 | Forest Rd #2196E | Squaw Lake |
| Jun 2025 | 18.60 | $93,000 | $5,000 | 18796 River Rd | Grand Rapids |
| Jun 2025 | 275.00 | $555,000 | $2,018 | County Road 20 | Goodland |
| Jun 2025 | 2.40 | $12,000 | $5,000 | Cedar St | Bigfork |
| Jun 2025 | 5.75 | $34,000 | $5,913 | Trout Lake Rd | Coleraine |
| May 2025 | 19.51 | $68,000 | $3,485 | County Road 83 | Pengilly |
| May 2025 | 2.55 | $29,000 | $11,373 | Tbd | Pengilly |
| May 2025 | 2.54 | $29,000 | $11,417 | River Oak Dr | Pengilly |
| May 2025 | 1.26 | $90,000 | $71,429 | Tbd Snaptail Lake Ln | Bovey |
| May 2025 | 5.63 | $199,900 | $35,506 | 19392 Kenwood Rd | Nashwauk |
| May 2025 | 7.10 | $165,000 | $23,239 | 48623 Neon Rd | Deer River |
| May 2025 | 2.88 | $170,000 | $59,028 | 24027 County Road 76 | Grand Rapids |
| May 2025 | 40.03 | $80,000 | $1,999 | 18630 Wendigo Rd | Grand Rapids |
| May 2025 | 36.09 | $81,000 | $2,244 | County Road 4 | Talmoon |
| Apr 2025 | 31.63 | $237,500 | $7,509 | Tbd Loon Call Ln | Bigfork |
| Apr 2025 | 27.43 | $16,500 | $602 | Tbd County Road 525 | Effie |
| Apr 2025 | 18.34 | $62,500 | $3,408 | 59 Highway 65 | Cook |
| Apr 2025 | 30.08 | $77,000 | $2,560 | 20366 County Road 12 | Bovey |
| Apr 2025 | 33.25 | $155,000 | $4,662 | County Road 156 | Squaw Lake |
| Mar 2025 | 1.36 | $127,000 | $93,382 | 42969 County Road 538 | Nashwauk |
| Mar 2025 | 39.58 | $170,000 | $4,295 | 30735 Splithand Rd | Grand Rapids |
| Mar 2025 | 2.00 | $65,000 | $32,500 | Tbd Kathryn Ave | Grand Rapids |
| Mar 2025 | 42.49 | $440,000 | $10,355 | Tbd Cedar Rd | Cohasset |
| Mar 2025 | 24.00 | $40,500 | $1,688 | Us Highway 2 N Hummingbird Dr | Grand Rapids |
| Mar 2025 | 3.59 | $38,000 | $10,585 | Westwood Rd | Grand Rapids |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $40,000 |
| Recent Sales | 6 transactions |
| Avg Days on Market | 81 days |
| Avg Parcel Size | 0.31 acres |
| Active Listings | 25 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.29 | $30,000 | NE 6th Ave | Grand Rapids |
| Jan 2026 | 0.47 | $40,000 | Little Cowhorn Public Access Rd | Grand Rapids |
| Dec 2025 | 0.49 | $290,000 | 23060 Lampi Rd | Cohasset |
| Dec 2025 | 0.10 | $79,500 | 20919 Highway 169 S Unit 20 | Grand Rapids |
| Dec 2025 | 0.21 | $21,000 | 3rd Ave | Calumet |
| Oct 2025 | 0.31 | $19,000 | Tbd Sw 11th Ave | Grand Rapids |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 45,141 |
| Population (2020) | 45,014 |
| Population Growth | 0.28% |
| Median Household Income | $66,380 |
| Median Home Value | $212,000 |
| Total Housing Units | 25,589 |
| Vacant Housing Units | 7,079 |
| Housing Vacancy Rate | 27.7% |
| Median Age | 46.9 |
| Bachelor's Degree or Higher | 5,399 (12.0%) |
| Unemployment Rate | 5.8% |
Market Overview
Itasca County, Minnesota has a population of 45,141, which has grown 0.28% since 2020. The median household income is $66,380, below the national median of $74,580 by 11.0%. The housing vacancy rate of 27.7% suggests soft market conditions. Itasca 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 $5,350 per acre, with properties averaging 27.10 acres. There are currently 74 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Itasca County, Minnesota?
As of the 2023 American Community Survey, Itasca County has a population of 45,141. The county has grown 0.28% since the 2020 Census, indicating a growing community.
What is the median household income in Itasca County?
The median household income in Itasca County is $66,380, which is 11.0% below the national median of $74,580.
Is Itasca County growing or shrinking?
Itasca County is growing. The population has increased 0.28% since 2020.
What is the housing market like in Itasca County?
The median home value in Itasca County is $212,000. The housing vacancy rate is 27.7%, which suggests soft market conditions. The unemployment rate is 5.8%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $5,350 per acre. Suburban/urban lots under 1 acre have a median lot price of $40,000.
Does Reelvest buy land in Itasca County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Itasca 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.
