Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 90,359 ↑ 4.1% since 2020 |
| Median Household Income | $78,490 5% above national median |
| Median Home Value | $279,500 |
| Unemployment Rate | 3.5% |
| Median Age | 44.3 years |
| Housing Vacancy Rate | 7.5% |
| Total Land Sales (Past 12 Months) | 3 transactions |
| Active Listings | 17 properties |
| Avg Days on Market | 611 days |
Rural Land Sales (1+ Acres) (Oct 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,461 |
| Recent Sales | 3 transactions |
| Avg Days on Market | 122 days |
| Avg Parcel Size | 56.69 acres |
| Active Listings | 11 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Dec 2025 | 5.46 | $85,000 | $15,568 | 2030 150th Ave | Lake Benton |
| Oct 2025 | 22.80 | $150,000 | $6,579 | 2067 County Highway 12 | Lake Benton |
| Oct 2025 | 141.80 | $1,199,700 | $8,461 | 121 County Rd | Lake Benton |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $69,500 |
| Recent Sales | 2 transactions |
| Avg Days on Market | 644 days |
| Avg Parcel Size | 0.60 acres |
| Active Listings | 6 properties |
Recent Suburban/Urban Land Sales
No recent sales data available for this period.
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 5,594 |
| Population (2020) | 5,640 |
| Population Growth | -0.82% |
| Median Household Income | $67,715 |
| Median Home Value | $152,200 |
| Total Housing Units | 3,061 |
| Vacant Housing Units | 626 |
| Housing Vacancy Rate | 20.5% |
| Median Age | 45.0 |
| Bachelor's Degree or Higher | 672 (12.0%) |
| Unemployment Rate | 3.5% |
Market Overview
Lincoln County, Minnesota has a population of 5,594, which has declined 0.82% since 2020. The median household income is $67,715, below the national median of $74,580 by 9.2%. The housing vacancy rate of 20.5% suggests soft market conditions. As part of Minnesota, Lincoln County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $30,994 per acre, with properties averaging 18.10 acres. There are currently 17 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Lincoln County, Minnesota?
As of the 2023 American Community Survey, Lincoln County has a population of 5,594. The county has declined 0.82% since the 2020 Census.
What is the median household income in Lincoln County?
The median household income in Lincoln County is $67,715, which is 9.2% below the national median of $74,580.
Is Lincoln County growing or shrinking?
Lincoln County is shrinking. The population has declined 0.82% since 2020.
What is the housing market like in Lincoln County?
The median home value in Lincoln County is $152,200. The housing vacancy rate is 20.5%, which suggests soft market conditions. The unemployment rate is 3.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $30,994 per acre. Suburban/urban lots under 1 acre have a median lot price of $69,500.
Does Reelvest buy land in Lincoln County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Lincoln 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.