Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 19,689 ↑ 1.9% since 2020 |
| Median Household Income | $61,005 18% below national median |
| Median Home Value | $281,100 |
| Unemployment Rate | 4.3% |
| Median Age | 54.4 years |
| Housing Vacancy Rate | 20.3% |
| Total Land Sales (Past 12 Months) | 6 transactions |
| Active Listings | 17 properties |
| Avg Days on Market | 651 days |
Rural Land Sales (1+ Acres) (May 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $3,875 |
| Recent Sales | 6 transactions |
| Avg Days on Market | 121 days |
| Avg Parcel Size | 58.96 acres |
| Active Listings | 10 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 40.00 | $132,500 | $3,312 | 41611 410th Ave SE | Fosston |
| Feb 2026 | 40.00 | $155,000 | $3,875 | County Highway 1 Gdn | Fertile |
| Jan 2026 | 139.74 | $558,960 | $4,000 | 410th St SE | Fosston |
| Oct 2025 | 60.00 | $160,000 | $2,667 | 185th Ave SE | Erskine |
| Sep 2025 | 67.00 | $228,000 | $3,403 | 240th Ave SE | Gonvick |
| May 2025 | 7.00 | $85,000 | $12,143 | 420 Avenue Sw | East Grand Forks |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $19,276 |
| Recent Sales | 4 transactions |
| Avg Days on Market | 846 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 7 properties |
Recent Suburban/Urban Land Sales
No recent sales data available for this period.
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 30,905 |
| Population (2020) | 31,192 |
| Population Growth | -0.92% |
| Median Household Income | $69,136 |
| Median Home Value | $211,100 |
| Total Housing Units | 14,670 |
| Vacant Housing Units | 2,222 |
| Housing Vacancy Rate | 15.1% |
| Median Age | 39.5 |
| Bachelor's Degree or Higher | 4,248 (13.7%) |
| Unemployment Rate | 4.3% |
Market Overview
Polk County, Minnesota has a population of 30,905, which has declined 0.92% since 2020. The median household income is $69,136, below the national median of $74,580 by 7.3%. The housing vacancy rate of 15.1% suggests soft market conditions. As part of Minnesota, Polk County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $3,494 per acre, with properties averaging 91.80 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 Polk County, Minnesota?
As of the 2023 American Community Survey, Polk County has a population of 30,905. The county has declined 0.92% since the 2020 Census.
What is the median household income in Polk County?
The median household income in Polk County is $69,136, which is 7.3% below the national median of $74,580.
Is Polk County growing or shrinking?
Polk County is shrinking. The population has declined 0.92% since 2020.
What is the housing market like in Polk County?
The median home value in Polk County is $211,100. The housing vacancy rate is 15.1%, which suggests soft market conditions. The unemployment rate is 4.3%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $3,494 per acre. Suburban/urban lots under 1 acre have a median lot price of $19,276.
Does Reelvest buy land in Polk County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Polk 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.