Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 21,773 ↓ 1.2% since 2020 |
| Median Household Income | $46,793 37% below national median |
| Median Home Value | $109,900 |
| Unemployment Rate | 7.0% |
| Median Age | 46.7 years |
| Housing Vacancy Rate | 15.7% |
| Total Land Sales (Past 12 Months) | 6 transactions |
| Active Listings | 10 properties |
| Avg Days on Market | 655 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Sep 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $48,333 |
| Recent Sales | 4 transactions |
| Avg Days on Market | 231 days |
| Avg Parcel Size | 20.98 acres |
| Active Listings | 7 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Sep 2025 | 63.03 | $100,000 | $1,587 | 130th Ave | Welcome |
| Aug 2025 | 1.05 | $138,000 | $131,429 | 4 W Clear Lake Dr | Ceylon |
| Aug 2025 | 13.85 | $140,000 | $10,108 | 175th St | Fairmont |
| Apr 2025 | 6.00 | $290,000 | $48,333 | 5 Harris Ln | Sherburn |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Nov 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $5,000 |
| Recent Sales | 2 transactions |
| Avg Days on Market | 138 days |
| Avg Parcel Size | 0.18 acres |
| Active Listings | 3 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Nov 2025 | 0.24 | $3,500 | 341 Apple St E | Trimont |
| Oct 2025 | 0.12 | $5,000 | 100 N Main St | Sherburn |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 19,864 |
| Population (2020) | 20,025 |
| Population Growth | -0.8% |
| Median Household Income | $62,969 |
| Median Home Value | $158,800 |
| Total Housing Units | 9,715 |
| Vacant Housing Units | 875 |
| Housing Vacancy Rate | 9.0% |
| Median Age | 44.5 |
| Bachelor's Degree or Higher | 2,182 (11.0%) |
| Unemployment Rate | 7.0% |
Market Overview
Martin County, Minnesota has a population of 19,864, which has declined 0.8% since 2020. The median household income is $62,969, below the national median of $74,580 by 15.6%. The housing vacancy rate of 9.0% suggests balanced market conditions. Martin 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 $15,000 per acre, with properties averaging 13.40 acres. There are currently 10 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Martin County, Minnesota?
As of the 2023 American Community Survey, Martin County has a population of 19,864. The county has declined 0.8% since the 2020 Census.
What is the median household income in Martin County?
The median household income in Martin County is $62,969, which is 15.6% below the national median of $74,580.
Is Martin County growing or shrinking?
Martin County is shrinking. The population has declined 0.8% since 2020.
What is the housing market like in Martin County?
The median home value in Martin County is $158,800. The housing vacancy rate is 9.0%, which suggests balanced market conditions. The unemployment rate is 7.0%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $15,000 per acre. Suburban/urban lots under 1 acre have a median lot price of $44,500.
Does Reelvest buy land in Martin County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Martin 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.