Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 200,056 ↓ 0.1% since 2020 |
| Median Household Income | $69,455 7% below national median |
| Median Home Value | $208,500 |
| Unemployment Rate | 4.5% |
| Median Age | 41.3 years |
| Housing Vacancy Rate | 17.0% |
| Total Land Sales (Past 12 Months) | 196 transactions |
| Active Listings | 198 properties |
| Avg Days on Market | 109 days |
Rural Land Sales (1+ Acres) (Aug 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $6,247 |
| Recent Sales | 170 transactions |
| Avg Days on Market | 106 days |
| Avg Parcel Size | 20.95 acres |
| Active Listings | 141 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 40.00 | $85,000 | $2,125 | 7773 Condor Rd | Meadowlands |
| Mar 2026New | 2.27 | $10,000 | $4,405 | Long Lakes Shores Rd | Eveleth |
| Mar 2026New | 9.95 | $45,500 | $4,573 | 72XX E Central Lakes Rd Lot F | Eveleth |
| Feb 2026 | 40.00 | $138,000 | $3,450 | 4012 Lane #57 | Aurora |
| Feb 2026 | 10.00 | $158,000 | $15,800 | 41XX Turner Rd | Duluth |
| Feb 2026 | 2.63 | $114,900 | $43,688 | Xx Pine Is NW | Tower |
| Feb 2026 | 40.00 | $82,000 | $2,050 | Virginia Ely Rd | Babbitt |
| Feb 2026 | 1.36 | $48,500 | $35,767 | 6576 Voyageurs Trl | Biwabik |
| Feb 2026 | 1.62 | $48,500 | $29,883 | 6580 Voyageurs Trl | Biwabik |
| Feb 2026 | 20.00 | $38,000 | $1,900 | 8624 Zim Rd | Zim |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 1.60 | $46,940 | $29,338 | 6546 Voyageurs Trl | Biwabik |
| Feb 2026 | 40.00 | $110,000 | $2,750 | 3998 Lane #57 | Aurora |
| Feb 2026 | 20.00 | $25,000 | $1,250 | 3599 Mayry Rd | Iron |
| Feb 2026 | 80.00 | $110,000 | $1,375 | 7 Kauppi Lake Rd | Cotton |
| Feb 2026 | 20.00 | $38,000 | $1,900 | 8624 Zim Rd | Zim |
| Feb 2026 | 107.00 | $123,500 | $1,154 | Highway 53 | Cook |
| Feb 2026 | 107.00 | $123,500 | $1,154 | Highway 53 Fld | Cook |
| Feb 2026 | 110.96 | $207,450 | $1,870 | 2194 N Yoki Rd | Zim |
| Feb 2026 | 21.50 | $36,500 | $1,698 | 1874 Johnson Rd | Cook |
| Feb 2026 | 1.02 | $40,000 | $39,101 | 6626 Voyageurs Trl | Biwabik |
| Feb 2026 | 4.24 | $90,000 | $21,226 | Tbd Highway 53 | Cook |
| Feb 2026 | 4.72 | $65,000 | $13,771 | 2473 Retreat Lodge Rd | Cook |
| Feb 2026 | 5.00 | $74,900 | $14,980 | 3950 Rehbein Rd | Duluth |
| Feb 2026 | 40.00 | $55,000 | $1,375 | 2346 Highway 83 | Zim |
| Feb 2026 | 20.00 | $35,000 | $1,750 | W Riek Rd | Cook |
| Feb 2026 | 11.93 | $55,000 | $4,610 | 2260 Highway 44 | Brimson |
| Feb 2026 | 10.00 | $22,000 | $2,200 | 9128 Peary Rd | Kelsey |
| Feb 2026 | 4.00 | $1,140,000 | $285,000 | 5241 Miller Trunk Hwy | Hermantown |
| Feb 2026 | 7.00 | $18,000 | $2,571 | 6337 Highway 7 | Alborn |
| Feb 2026 | 40.00 | $67,000 | $1,675 | Shannon Lake Rd | Side Lake |
| Feb 2026 | 20.00 | $25,000 | $1,250 | 3349 Highway 5 | Hibbing |
| Feb 2026 | 5.25 | $120,000 | $22,857 | 5344 McQuade Rd | Duluth |
| Jan 2026 | 40.00 | $115,000 | $2,875 | 55XX S Cant Rd | Duluth |
| Jan 2026 | 10.00 | $22,000 | $2,200 | 9128 Peary Junction Rd | Cotton |
| Jan 2026 | 9.76 | $139,900 | $14,334 | Xx Olson Rd | Two Harbors |
| Jan 2026 | 17.20 | $138,000 | $8,023 | PARCEL 2 Highway 23 | Orr |
| Jan 2026 | 17.20 | $138,000 | $8,023 | 10943 Highway 23 Parcel 2 | Orr |
| Jan 2026 | 5.40 | $75,000 | $13,889 | 2365 Aisle Of Pines Rd | Ely |
| Jan 2026 | 11.45 | $225,000 | $19,651 | Maple Grove Road Jenny Farms Ln Lot 4 | Duluth |
| Jan 2026 | 13.34 | $60,000 | $4,498 | Old Vermillion Trl | Duluth |
| Jan 2026 | 2.76 | $175,000 | $63,406 | 47XX 3rd Ave S | Duluth |
| Jan 2026 | 5.00 | $103,500 | $20,700 | 27XX Lauren Rd | Duluth |
| Jan 2026 | 13.34 | $60,000 | $4,498 | Old Vermilion Trl | Duluth |
| Jan 2026 | 1.61 | $155,000 | $96,094 | 6165 Voyageurs Trl | Biwabik |
| Jan 2026 | 1.82 | $46,000 | $25,275 | 6032 Voyageurs Trl | Biwabik |
| Jan 2026 | 4.00 | $78,000 | $19,500 | Xxx Lavaque Rd | Hermantown |
| Jan 2026 | 22.30 | $115,000 | $5,157 | PARCEL 1 Highway 23 | Orr |
| Jan 2026 | 22.30 | $115,000 | $5,157 | 10943 Highway 23 Parcel 1 | Orr |
| Jan 2026 | 56.24 | $84,950 | $1,510 | Fermoy Rd | Forbes |
| Jan 2026 | 2.50 | $45,000 | $18,000 | Lindrose Rd | Cloquet |
| Jan 2026 | 1.04 | $43,000 | $41,346 | 6206 Needleleaf Cir | Biwabik |
| Jan 2026 | 5.40 | $75,000 | $13,889 | 169 Xxx Hwy | Ely |
| Jan 2026 | 2.30 | $49,000 | $21,341 | 6140 Voyageurs Trl | Aurora |
| Jan 2026 | 1.54 | $70,000 | $45,455 | Black Bay Rd | Cook |
| Jan 2026 | 120.00 | $210,000 | $1,750 | 11043 Highway 8 | Floodwood |
| Jan 2026 | 2.57 | $45,000 | $17,510 | E Forest Lane Fine | Wright |
| Jan 2026 | 20.00 | $300,000 | $15,000 | N Tischer Rd | Duluth |
| Dec 2025 | 36.96 | $23,000 | $622 | 7890 Highway 7 | Meadowlands |
| Dec 2025 | 1.02 | $450,000 | $441,176 | 3638 Fectos Rd | Tower |
| Dec 2025 | 160.00 | $318,000 | $1,988 | 1777 Grant McMahan Blvd | Ely |
| Dec 2025 | 4.90 | $300,000 | $61,224 | 6041 Voyageurs Trl | Aurora |
| Dec 2025 | 4.00 | $520,000 | $130,000 | 5131 Miller Trunk Hwy | Hermantown |
| Dec 2025 | 5.00 | $153,000 | $30,600 | Yellow Birch Trl | Duluth |
| Dec 2025 | 9.14 | $250,000 | $27,352 | Maple Grove Road Jenny Farms Ln Lot 5 | Duluth |
| Dec 2025 | 2.50 | $25,000 | $10,000 | Arkola Rd | Cotton |
| Dec 2025 | 4.06 | $190,000 | $46,798 | Maple Grove Road Jenny Farms Ln Lot 3 | Duluth |
| Dec 2025 | 10.59 | $47,500 | $4,485 | Canosia Rd | Cloquet |
| Dec 2025 | 11.00 | $245,500 | $22,318 | 1807 Hutchinson Rd | Duluth |
| Dec 2025 | 1.63 | $32,000 | $19,632 | Palm Dr | Gilbert |
| Dec 2025 | 1.00 | $85,000 | $85,000 | 44XX Vermilion Rd | Duluth |
| Dec 2025 | 8.50 | $34,000 | $4,000 | 169 Tbd Hwy | Ely |
| Dec 2025 | 20.00 | $51,000 | $2,550 | Moose Junction Trl | Ely |
| Dec 2025 | 6.68 | $28,000 | $4,192 | 6269 Heritage Trl E | Gilbert |
| Dec 2025 | 40.00 | $175,000 | $4,375 | 6550 Old Vermilion Trl | Duluth |
| Dec 2025 | 37.75 | $78,500 | $2,079 | Tbd Norway Ridge Rd | Zim |
| Dec 2025 | 6.20 | $290,000 | $46,774 | 3732 Highway 169 | Ely |
| Dec 2025 | 6.43 | $62,000 | $9,642 | Souja Rd | Ely |
| Dec 2025 | 5.50 | $52,900 | $9,618 | LOT 5 Truman Ln | Ely |
| Nov 2025 | 2.75 | $25,000 | $9,091 | 8825 Arbor St | Duluth |
| Nov 2025 | 74.82 | $232,000 | $3,101 | Pequaywan Lake Rd | Duluth |
| Nov 2025 | 10.00 | $23,000 | $2,300 | Highway 100 | Aurora |
| Nov 2025 | 33.33 | $95,000 | $2,850 | 6640 Trillium Rd | Virginia |
| Nov 2025 | 5.00 | $51,000 | $10,200 | 24XX E Pioneer Rd | Duluth |
| Nov 2025 | 1.18 | $25,000 | $21,186 | 5610 Birchbark Lndg | Biwabik |
| Nov 2025 | 2.75 | $100,000 | $36,364 | Maple Grove Rd | Duluth |
| Nov 2025 | 1.01 | $25,000 | $24,752 | 5618 Birchbark Lndg | Biwabik |
| Nov 2025 | 40.00 | $62,500 | $1,562 | Heino Rd | Angora |
| Nov 2025 | 9.95 | $47,000 | $4,724 | 72XX E Central Lakes Rd Lot H | Eveleth |
| Nov 2025 | 6.90 | $68,000 | $9,855 | TRACT Hinsdale Is #B | Cook |
| Nov 2025 | 35.50 | $42,000 | $1,183 | 1894 Melrude Rd | Cotton |
| Nov 2025 | 40.00 | $62,500 | $1,562 | Xx Mattila Rd | Virginia |
| Nov 2025 | 2.18 | $38,000 | $17,431 | 6047 Voyageurs Trl | Biwabik |
| Nov 2025 | 80.00 | $95,000 | $1,188 | Leathers Rd | Orr |
| Nov 2025 | 1.83 | $48,000 | $26,230 | 32XX Poplar Rd | Duluth |
| Nov 2025 | 1.56 | $30,000 | $19,231 | E 51st St | Hibbing |
| Nov 2025 | 5.00 | $220,000 | $44,000 | 6264 Ryan Rd | Duluth |
| Nov 2025 | 39.02 | $62,500 | $1,602 | Tbd Leander Rd | Angora |
| Nov 2025 | 39.02 | $62,500 | $1,602 | Leander Rd | Angora |
| Nov 2025 | 9.26 | $27,000 | $2,916 | Jack Pine Ln | Angora |
| Nov 2025 | 1.00 | $160,000 | $160,000 | 610 3rd Ave SE | Cook |
| Nov 2025 | 42.50 | $110,000 | $2,588 | Tbd2 Hwy #115 | Tower |
| Nov 2025 | 42.50 | $110,000 | $2,588 | Tbd Highway 115 | Tower |
| Nov 2025 | 25.33 | $57,000 | $2,250 | 25 Highway 53 | Kabetogama |
| Nov 2025 | 25.33 | $57,000 | $2,250 | Highway 53 | Kabetogama |
| Nov 2025 | 84.60 | $119,900 | $1,417 | 3761 Old Highway 16 | Brimson |
| Oct 2025 | 10.00 | $47,300 | $4,730 | Townline Rd | Brimson |
| Oct 2025 | 10.16 | $21,000 | $2,067 | Bodas Rd | Eveleth |
| Oct 2025 | 10.16 | $21,000 | $2,067 | Tbd Bodas Rd | Eveleth |
| Oct 2025 | 12.50 | $300,000 | $24,000 | 6661 Duncan Rd | Saginaw |
| Oct 2025 | 40.00 | $70,000 | $1,750 | 12012 Keyes Rd | Orr |
| Oct 2025 | 9.01 | $125,000 | $13,873 | W Lookout Rd | Duluth |
| Oct 2025 | 5.00 | $54,000 | $10,800 | 32XX Zimmerman Rd | Duluth |
| Oct 2025 | 10.00 | $110,000 | $11,000 | 30XX Lavis Rd | Duluth |
| Oct 2025 | 1.60 | $38,900 | $24,312 | 2128 Sibley Dr #2136 | Ely |
| Oct 2025 | 40.00 | $69,000 | $1,725 | Samuelson Road Sec #15 | Angora |
| Oct 2025 | 40.00 | $69,000 | $1,725 | Tbd Samuelson Rd | Angora |
| Oct 2025 | 30.00 | $85,000 | $2,833 | 10894 Highway 92 | Hibbing |
| Oct 2025 | 2.79 | $96,000 | $34,409 | 6390 Highway 29 | Floodwood |
| Oct 2025 | 25.00 | $121,500 | $4,860 | 53XX Bergstopp Ln | Saginaw |
| Oct 2025 | 2.50 | $300,000 | $120,000 | 1356 SW Shores Trl | Ely |
| Oct 2025 | 1.60 | $135,000 | $84,375 | 6157 Voyageurs Trl | Aurora |
| Oct 2025 | 43.86 | $40,000 | $912 | 8737 Duff Rd | Brookston |
| Oct 2025 | 26.65 | $59,900 | $2,248 | 6886 Arizona Rd | Cotton |
| Oct 2025 | 5.00 | $83,000 | $16,600 | Town Line Rd | Duluth |
| Oct 2025 | 5.00 | $83,000 | $16,600 | Town Line Rd | Duluth |
| Oct 2025 | 12.03 | $54,900 | $4,564 | 10508 Bessette Rd | Orr |
| Oct 2025 | 5.00 | $4,400 | $880 | Peary Dr S | Eveleth |
| Oct 2025 | 117.72 | $80,000 | $680 | 37 Tbd Hwy | Hibbing |
| Oct 2025 | 1.26 | $34,900 | $27,698 | McNiven Rd | Chisholm |
| Oct 2025 | 2.50 | $275,000 | $110,000 | Xxx Burntside Lake Is | Ely |
| Oct 2025 | 2.50 | $250,000 | $100,000 | Xxx Burntside Lake Is | Ely |
| Oct 2025 | 31.80 | $99,000 | $3,113 | 8475 Highway 73 | Angora |
| Oct 2025 | 40.00 | $165,000 | $4,125 | 5854 Alborn Brookston Rd | Alborn |
| Oct 2025 | 32.00 | $88,000 | $2,750 | 5097 Crane Lake Rd | Orr |
| Oct 2025 | 38.84 | $70,000 | $1,802 | 9117 Little Johnson | Crane Lake |
| Oct 2025 | 5.79 | $35,900 | $6,200 | E Stone Lake Rd | Iron |
| Oct 2025 | 6.17 | $69,950 | $11,337 | Hinsdale Is | Cook |
| Oct 2025 | 6.17 | $65,950 | $10,689 | 7354 E Hinsdale Is | Cook |
| Sep 2025 | 6.83 | $175,000 | $25,622 | 12554 W Skyline Pkwy | Duluth |
| Sep 2025 | 4.50 | $85,000 | $18,889 | Xx Ryan Rd | Duluth |
| Sep 2025 | 2.50 | $87,500 | $35,000 | Nordling Rd | Duluth |
| Sep 2025 | 2.40 | $38,000 | $15,833 | 16 Lavaque Rd | Duluth |
| Sep 2025 | 40.00 | $215,000 | $5,375 | 1951 W Frazer Bay Rd | Cook |
| Sep 2025 | 3.10 | $635,712 | $205,068 | 4915 Ugstad Rd | Duluth |
| Sep 2025 | 10.00 | $30,000 | $3,000 | 47XX Highway 25 | Mountain Iron |
| Sep 2025 | 6.43 | $10,000 | $1,555 | 7520 Comstock Lake Rd | Cotton |
| Sep 2025 | 79.18 | $103,896 | $1,312 | 5796 Eagle View Dr | Duluth |
| Sep 2025 | 1.91 | $45,000 | $23,560 | 4146 Willard Rd | Duluth |
| Sep 2025 | 1.19 | $115,000 | $96,639 | LOT 4 Getchell Rd | Duluth |
| Sep 2025 | 40.00 | $125,000 | $3,125 | Tbd Wakely Rd | Cook |
| Sep 2025 | 10.00 | $25,000 | $2,500 | Highway 5 | Cook |
| Sep 2025 | 10.00 | $94,900 | $9,490 | 4747 Vaux Rd | Duluth |
| Sep 2025 | 12.43 | $55,000 | $4,425 | 3567 S Dublin Rd | Hibbing |
| Sep 2025 | 19.76 | $103,000 | $5,213 | Elbow Lake N | Cook |
| Sep 2025 | 9.75 | $149,900 | $15,374 | Xx Olson Rd | Two Harbors |
| Sep 2025 | 7.50 | $125,000 | $16,667 | 6466 County Road 422 | Orr |
| Sep 2025 | 20.00 | $35,000 | $1,750 | Virginia Ely Rd | Babbitt |
| Sep 2025 | 4.15 | $133,000 | $32,048 | Tbd Migisi Rd | Ely |
| Sep 2025 | 34.60 | $115,000 | $3,324 | S Pintar Rd | Hibbing |
| Sep 2025 | 4.38 | $41,999 | $9,589 | Natures Way | Hibbing |
| Sep 2025 | 12.71 | $88,250 | $6,943 | 6315 Highway 7 | Alborn |
| Sep 2025 | 7.70 | $44,000 | $5,714 | Tbd4 Hwy #115 | Tower |
| Sep 2025 | 10.00 | $92,500 | $9,250 | 81XX Pequaywan Lake Rd | Duluth |
| Aug 2025 | 40.00 | $104,000 | $2,600 | 10846 Willow River Rd | Orr |
| Aug 2025 | 60.03 | $375,000 | $6,247 | Grant McMahan Blvd | Ely |
| Aug 2025 | 4.70 | $205,000 | $43,617 | 95814 Pine Is | Tower |
| Aug 2025 | 10.00 | $115,000 | $11,500 | Xxa Morris Thomas Rd | Cloquet |
| Aug 2025 | 3.53 | $208,000 | $58,924 | 5229 3rd Ave | Duluth |
| Aug 2025 | 73.00 | $215,007 | $2,945 | Frazer Bay Rd | Tower |
| Aug 2025 | 73.00 | $215,007 | $2,945 | Frazer Bay Rd | Tower |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $26,000 |
| Recent Sales | 26 transactions |
| Avg Days on Market | 107 days |
| Avg Parcel Size | 0.49 acres |
| Active Listings | 57 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.50 | $135,000 | Katherine Lane Block Lot 2-1 | Duluth |
| Feb 2026 | 0.48 | $67,000 | 512 Elk St | Duluth |
| Feb 2026 | 0.05 | $290,000 | 5797 N Shore Dr | Duluth |
| Jan 2026 | 0.43 | $40,000 | 1322 N 18th Ave E | Ely |
| Jan 2026 | 0.37 | $25,000 | Lots 3 & 4 B 3 Mesabi Ln | Hibbing |
| Jan 2026 | 0.09 | $13,800 | 2221 W 3rd St | Duluth |
| Jan 2026 | 0.21 | $16,700 | 5th St NE | Chisholm |
| Dec 2025 | 0.35 | $29,500 | 3701 7th Ave W | Hibbing |
| Dec 2025 | 0.57 | $145,000 | 3907 Merganser Dr | Duluth |
| Dec 2025 | 0.56 | $19,500 | 30XX Wicklow St | Duluth |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Nov 2025 | 0.75 | $17,500 | Lake St | Orr |
| Nov 2025 | 0.57 | $17,500 | Lake St | Orr |
| Nov 2025 | 0.88 | $24,000 | Fayre Rd | Duluth |
| Nov 2025 | 0.20 | $21,500 | 322 S River St | Cook |
| Oct 2025 | 0.67 | $140,000 | Katherine Lane Block Lot 1 | Duluth |
| Oct 2025 | 0.60 | $54,000 | 2X S Lakewood Rd | Duluth |
| Oct 2025 | 0.75 | $136,500 | 107 N Creek Dr | Biwabik |
| Oct 2025 | 0.80 | $26,000 | PARCEL W Frazer Bay Rd #K | Cook |
| Oct 2025 | 0.35 | $21,000 | PARCEL W Frazer Bay Rd #A | Cook |
| Oct 2025 | 0.35 | $18,000 | PARCEL W Frazer Bay Rd #B | Cook |
| Oct 2025 | 0.35 | $18,000 | PARCEL W Frazer Bay Rd #B | Cook |
| Oct 2025 | 0.85 | $167,400 | 8825 Idaho St | Duluth |
| Oct 2025 | 0.20 | $10,000 | 108th Ave W | Duluth |
| Oct 2025 | 0.61 | $54,000 | Foxborrow Dr | Duluth |
| Sep 2025 | 0.86 | $37,000 | Linwood Lake Rd W | Makinen |
| Sep 2025 | 0.27 | $6,300 | 15th Ave W | Eveleth |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 200,056 |
| Population (2020) | 200,231 |
| Population Growth | -0.09% |
| Median Household Income | $69,455 |
| Median Home Value | $208,500 |
| Total Housing Units | 103,924 |
| Vacant Housing Units | 17,660 |
| Housing Vacancy Rate | 17.0% |
| Median Age | 41.3 |
| Bachelor's Degree or Higher | 28,652 (14.3%) |
| Unemployment Rate | 4.5% |
Market Overview
St. Louis County, Minnesota has a population of 200,056, which has declined 0.09% since 2020. The median household income is $69,455, below the national median of $74,580 by 6.9%. The housing vacancy rate of 17.0% suggests soft market conditions. The county's location in Minnesota makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $6,224 per acre, with properties averaging 20.90 acres. There are currently 198 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of St. Louis County, Minnesota?
As of the 2023 American Community Survey, St. Louis County has a population of 200,056. The county has declined 0.09% since the 2020 Census.
What is the median household income in St. Louis County?
The median household income in St. Louis County is $69,455, which is 6.9% below the national median of $74,580.
Is St. Louis County growing or shrinking?
St. Louis County is shrinking. The population has declined 0.09% since 2020.
What is the housing market like in St. Louis County?
The median home value in St. Louis County is $208,500. The housing vacancy rate is 17.0%, which suggests soft market conditions. The unemployment rate is 4.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $6,224 per acre. Suburban/urban lots under 1 acre have a median lot price of $27,750.
Does Reelvest buy land in St. Louis County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including St. Louis 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.