Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 34,350 ↓ 0.3% since 2020 |
| Median Household Income | $80,362 8% above national median |
| Median Home Value | $258,500 |
| Unemployment Rate | 1.6% |
| Median Age | 37.8 years |
| Housing Vacancy Rate | 4.0% |
| Total Land Sales (Past 12 Months) | 8 transactions |
| Active Listings | 102 properties |
| Avg Days on Market | 530 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $6,818 |
| Recent Sales | 5 transactions |
| Avg Days on Market | 211 days |
| Avg Parcel Size | 14.13 acres |
| Active Listings | 17 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Jan 2026 | 9.80 | $31,000 | $3,163 | Lake | Saint Peter |
| Oct 2025 | 3.36 | $110,000 | $32,738 | 101 Peterson Dr | North Mankato |
| Sep 2025 | 44.00 | $300,000 | $6,818 | 348th St | Le Sueur |
| Apr 2025 | 3.50 | $122,000 | $34,857 | 42067 371st Ave | Saint Peter |
| Apr 2025 | 10.00 | $49,900 | $4,990 | 358th St | Saint Peter |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $69,900 |
| Recent Sales | 3 transactions |
| Avg Days on Market | 94 days |
| Avg Parcel Size | 0.21 acres |
| Active Listings | 85 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Dec 2025 | 0.15 | $69,900 | 2210 Anchorage Dr | North Mankato |
| Dec 2025 | 0.30 | $69,900 | 13 Kodiak Ct | North Mankato |
| Dec 2025 | 0.19 | $69,900 | 2257 Fairbanks Dr | North Mankato |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 34,350 |
| Population (2020) | 34,454 |
| Population Growth | -0.3% |
| Median Household Income | $80,362 |
| Median Home Value | $258,500 |
| Total Housing Units | 13,530 |
| Vacant Housing Units | 546 |
| Housing Vacancy Rate | 4.0% |
| Median Age | 37.8 |
| Bachelor's Degree or Higher | 5,237 (15.2%) |
| Unemployment Rate | 1.6% |
Market Overview
Nicollet County, Minnesota has a population of 34,350, which has declined 0.3% since 2020. The median household income is $80,362, above the national median of $74,580 by 7.8%. The housing vacancy rate of 4.0% suggests tight market conditions. Nicollet 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 $10,000 per acre, with properties averaging 49.50 acres. There are currently 102 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Nicollet County, Minnesota?
As of the 2023 American Community Survey, Nicollet County has a population of 34,350. The county has declined 0.3% since the 2020 Census.
What is the median household income in Nicollet County?
The median household income in Nicollet County is $80,362, which is 7.8% above the national median of $74,580.
Is Nicollet County growing or shrinking?
Nicollet County is shrinking. The population has declined 0.3% since 2020.
What is the housing market like in Nicollet County?
The median home value in Nicollet County is $258,500. The housing vacancy rate is 4.0%, which suggests tight market conditions. The unemployment rate is 1.6%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $10,000 per acre. Suburban/urban lots under 1 acre have a median lot price of $69,900.
Does Reelvest buy land in Nicollet County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Nicollet 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.