Market Snapshot

Report generated March 2026

IndicatorValue
Population163,425
↑ 0.3% since 2020
Median Household Income$93,494
25% above national median
Median Home Value$304,500
Unemployment Rate3.6%
Median Age37.8 years
Housing Vacancy Rate5.2%
Total Land Sales (Past 12 Months)92 transactions
Active Listings196 properties
Avg Days on Market314 days

Rural Land Sales (1+ Acres) (Mar 2025 – Feb 2026)

MetricValue
Median Price/Acre$55,060
Recent Sales48 transactions
Avg Days on Market183 days
Avg Parcel Size22.35 acres
Active Listings87 properties

Recent Rural Land Sales

DateAcresPrice$/AcreAddressCity
Feb 20262.00$252,006$126,0031148 Pavilion Ln SWRochester
Feb 20262.19$265,435$121,2031094 Pavilion Ln SWRochester
Feb 20262.19$265,435$121,2031076 Pavilion Ln SWRochester
Feb 20262.00$242,124$121,0621166 Boulder Creek Ln SWRochester
Feb 20263.05$290,000$95,082Salley Ridge L4b1 Phase 2 Ln NERochester
Feb 202640.00$500,000$12,50012625 & 12717 44th Ave NWOronoco
Jan 20262.22$240,000$108,1083125 Glenwood Rd SWRochester
Jan 202620.00$600,000$30,0006480 55th Ave NERochester
Dec 20254.80$345,000$71,875Salley Ridge L2b1 Phase 2 LnRochester
Dec 2025112.29$969,908$8,63870th St SEEyota
DateAcresPrice$/AcreAddressCity
Dec 2025154.89$1,557,485$10,055150th Ave SEDover
Dec 20251.17$184,900$158,0341420 Somerby Pkwy NEByron
Dec 20252.48$232,000$93,548Tbd W Center StOronoco
Dec 202574.08$975,000$13,16175th St NWOronoco
Dec 202567.80$869,433$12,82355 Avenue NeRochester
Nov 20257.37$422,500$57,327L3b4 Royal Oaks Farm Ln SWRochester
Nov 202518.00$386,000$21,44475th St NWPine Island
Nov 20252.59$340,000$131,274L5b4 Royal Oaks Farm Ln SWRochester
Oct 20255.50$1,525,000$277,2736400 Bandel Rd NWRochester
Oct 20253.36$185,000$55,06065th Ave SERochester
Sep 202581.74$830,000$10,15487th St SEStewartville
Sep 20253.00$165,000$55,000122nd Ave NEEyota
Sep 202521.80$600,000$27,52375th St NWByron
Sep 20257.52$600,000$79,78785th Ave NWPine Island
Sep 202543.73$600,000$13,72185th Ave NWPlainview
Sep 20254.73$100,000$21,142Xxxx Pinewood Rd SERochester
Sep 202534.85$380,000$10,904Pine Bluff Rd NW #Site13Pine Island
Sep 20252.96$378,830$127,9832896 Prairie Woods Ln SWRochester
Aug 20252.19$260,000$118,721794 Irvin Ln SWRochester
Jul 20252.23$238,500$106,951L1b2 Miller Pl NWRochester
Jul 202522.78$318,920$14,0003811 25th St SERochester
Jul 202530.00$325,000$10,8338909 43rd Ave SEStewartville
Jul 20252.05$1,552,000$757,0734547 Millie Meadow Dr SWRochester
Jul 202576.00$675,000$8,88275th St NWByron
Jun 202510.00$187,000$18,70043rd Ave SEStewartville
May 20251.05$159,900$152,2866303 Paint Rd NWByron
May 20252.18$365,000$167,4312889 Prairie Woods Ln SWRochester
May 202516.86$315,900$18,737Xx16 County Rd #3Stewartville
May 202580.06$537,500$6,714X Spring Rd SEChatfield
May 20254.50$450,000$100,0002630 Wild Rose Ln SWRochester
May 20257.70$175,000$22,727Island Estates Site Dr #17Pine Island
May 202531.87$975,000$30,5931035 55th St NWRochester
May 20255.00$162,000$32,400New Haven Site Rd #19Pine Island
Apr 202510.88$370,000$34,00764XX W River Pkwy NWRochester
Apr 20252.04$170,000$83,3335502 Eisenhower Ln SERochester
Mar 202527.05$475,000$17,560Xxxx 85th Street Nw New Haven TwpPine Island
Mar 20252.08$160,000$76,9231233 Skyview Cir NWRochester
Mar 20257.87$460,000$58,450L18b4 Royal Oaks Ln SWRochester

Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Mar 2026)

MetricValue
Median Lot Price$98,668
Recent Sales44 transactions
Avg Days on Market112 days
Avg Parcel Size0.28 acres
Active Listings109 properties

Recent Suburban/Urban Land Sales

DateAcresPriceAddressCity
Mar 2026New0.29$158,4952420 14th Ave SWRochester
Mar 2026New0.20$109,4902466 14th Ave SWRochester
Mar 2026New0.15$82,2652427 14th Ave SWRochester
Feb 20260.99$209,0003357 Bella Terra Rd NERochester
Jan 20260.26$673,9002237 Glady Ln NERochester
Jan 20260.31$623,5001801 Brandt Dr NEByron
Dec 20250.26$64,000958 10th St SWPine Island
Dec 20250.22$408,8601780 4th St NEByron
Dec 20250.26$190,5904879 Noble Ln NWRochester
Nov 20250.45$81,000160 5th St SEOronoco
DateAcresPriceAddressCity
Nov 20250.19$88,0001819 4th St NEByron
Nov 20250.88$280,000326 18th St SWRochester
Nov 20250.25$499,5214921 Noble Ln NWRochester
Nov 20250.21$98,6685413 King Arthur Ln NWRochester
Nov 20250.21$98,6685431 King Arthur Ln NWRochester
Nov 20250.21$98,6685449 King Arthur Ln NWRochester
Nov 20250.24$98,6685461 King Arthur Ln NWRochester
Nov 20250.23$98,6685458 King Arthur Ln NWRochester
Nov 20250.25$98,6685440 King Arthur Ln NWRochester
Nov 20250.24$98,6685422 King Arthur Ln NWRochester
Nov 20250.26$98,6685404 King Arthur Ln NWRochester
Nov 20250.22$98,6685386 King Arthur Dr NWRochester
Nov 20250.20$98,6685368 King Arthur Dr NWRochester
Nov 20250.25$98,6685350 King Arthur Dr NWRochester
Nov 20250.19$98,6684825 Noble Ln NWRochester
Nov 20250.21$98,6684850 Noble Ln NWRochester
Nov 20250.20$98,6684858 Noble Ln NWRochester
Nov 20250.22$98,6684849 Noble Ln NWRochester
Nov 20250.19$98,6684819 Noble Ln NWRochester
Nov 20250.22$98,6684840 Noble Ln NWRochester
Nov 20250.22$98,6684855 Noble Ln NWRochester
Nov 20250.22$98,6684810 Noble Ln NWRochester
Nov 20250.24$98,6684813 Noble Ln NWRochester
Nov 20250.19$98,6685395 King Arthur Ln NWRochester
Nov 20250.23$98,6684831 Noble Ln NWRochester
Nov 20250.26$98,6684807 Noble Ln NWRochester
Nov 20250.24$98,6684843 Noble Ln NWRochester
Nov 20250.22$98,6684830 Noble Ln NWRochester
Nov 20250.23$98,6684822 Noble Ln NWRochester
Nov 20250.24$98,6684837 Noble Ln NWRochester
Oct 20250.52$160,0002822 Wildflower Ln SWRochester
Oct 20250.59$350,0001409 Epperstone Enclave NEByron
Sep 20250.24$485,0003677 Meadow Sage Ct SERochester
Sep 20250.25$150,0004440 Cassidy Ridge Dr NERochester

County Profile

DemographicValue
Total Population (2023)163,425
Population (2020)162,847
Population Growth0.35%
Median Household Income$93,494
Median Home Value$304,500
Total Housing Units70,255
Vacant Housing Units3,626
Housing Vacancy Rate5.2%
Median Age37.8
Bachelor's Degree or Higher30,188 (18.5%)
Unemployment Rate3.6%

Market Overview

Olmsted County, Minnesota has a population of 163,425, which has grown 0.35% since 2020. The median household income is $93,494, above the national median of $74,580 by 25.4%. The housing vacancy rate of 5.2% suggests tight market conditions. Olmsted 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 $55,000 per acre, with properties averaging 24.40 acres. There are currently 196 active land listings in the county.

Frequently Asked Questions

What is the current population of Olmsted County, Minnesota?
As of the 2023 American Community Survey, Olmsted County has a population of 163,425. The county has grown 0.35% since the 2020 Census, indicating a growing community.
What is the median household income in Olmsted County?
The median household income in Olmsted County is $93,494, which is 25.4% above the national median of $74,580.
Is Olmsted County growing or shrinking?
Olmsted County is growing. The population has increased 0.35% since 2020.
What is the housing market like in Olmsted County?
The median home value in Olmsted County is $304,500. The housing vacancy rate is 5.2%, 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 $55,000 per acre. Suburban/urban lots under 1 acre have a median lot price of $98,668.
Does Reelvest buy land in Olmsted County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Olmsted 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.