Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 18,958 ↓ 0.1% since 2020 |
| Median Household Income | $75,052 1% above national median |
| Median Home Value | $213,200 |
| Unemployment Rate | 4.0% |
| Median Age | 40.4 years |
| Housing Vacancy Rate | 5.1% |
| Total Land Sales (Past 12 Months) | 5 transactions |
| Active Listings | 3 properties |
| Avg Days on Market | 607 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Nov 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $15,406 |
| Recent Sales | 3 transactions |
| Avg Days on Market | 257 days |
| Avg Parcel Size | 60.12 acres |
| Active Listings | 1 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Nov 2025 | 17.85 | $275,000 | $15,406 | Us Highway 14 | Waseca |
| May 2025 | 160.00 | $400,001 | $2,500 | 205th Ave | New Richland |
| Apr 2025 | 2.52 | $130,000 | $51,669 | Xxx Rice Lake Dr | Waseca |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Nov 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $51,500 |
| Recent Sales | 2 transactions |
| Avg Days on Market | 133 days |
| Avg Parcel Size | 0.55 acres |
| Active Listings | 2 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Nov 2025 | 0.23 | $48,000 | 1100 11th Ave SE | Waseca |
| Oct 2025 | 0.87 | $51,500 | 704 N West St | Janesville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 18,958 |
| Population (2020) | 18,968 |
| Population Growth | -0.05% |
| Median Household Income | $75,052 |
| Median Home Value | $213,200 |
| Total Housing Units | 7,910 |
| Vacant Housing Units | 405 |
| Housing Vacancy Rate | 5.1% |
| Median Age | 40.4 |
| Bachelor's Degree or Higher | 2,105 (11.1%) |
| Unemployment Rate | 4.0% |
Market Overview
Waseca County, Minnesota has a population of 18,958, which has declined 0.05% since 2020. The median household income is $75,052, above the national median of $74,580 by 0.6%. The housing vacancy rate of 5.1% suggests tight market conditions. As part of Minnesota, Waseca County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $25,049 per acre, with properties averaging 31.80 acres. There are currently 3 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Waseca County, Minnesota?
As of the 2023 American Community Survey, Waseca County has a population of 18,958. The county has declined 0.05% since the 2020 Census.
What is the median household income in Waseca County?
The median household income in Waseca County is $75,052, which is 0.6% above the national median of $74,580.
Is Waseca County growing or shrinking?
Waseca County is shrinking. The population has declined 0.05% since 2020.
What is the housing market like in Waseca County?
The median home value in Waseca County is $213,200. The housing vacancy rate is 5.1%, which suggests tight market conditions. The unemployment rate is 4.0%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $25,049 per acre. Suburban/urban lots under 1 acre have a median lot price of $48,000.
Does Reelvest buy land in Waseca County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Waseca 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.