Minnesota land values, taxes, and selling rules
Minnesota charges a state transfer tax: state deed tax of 0.33% of net consideration when it exceeds $3,000, or a flat $1.65 at $3,000 or less. Minnesota requires a well disclosure for every sale of real property, including vacant land, listing all known wells or stating there are none (103I.235).
How Minnesota compares
- Land value rank
- #16 of 50 states
- Tax burden rank
- #25 of 50 states
- Holding cost, 10 acres
- $190 per year in property tax
Sources: USDA NASS Land Values 2026 (average value of farm real estate per acre); USDA 2022 Census of Agriculture (property tax per acre of farmland); state statutes (transfer tax). Averages, not appraisals. Your parcel may be worth more or less depending on location, access, and use.
County land values in Minnesota
- Hennepin County
- Washington County
- Scott County
- Anoka County
- Steele County
- Martin County
- Rock County
- Waseca County
- Nicollet County
- Dodge County
- Nobles County
- Murray County
- Jackson County
- Redwood County
- Rice County
- Brown County
- Goodhue County
- Dakota County
- Sibley County
- Mower County
- Cottonwood County
- Faribault County
- Carver County
- Renville County
- Watonwan County
- Wright County
- Blue Earth County
- Chippewa County
- Freeborn County
- Le Sueur County
- Pipestone County
- Kandiyohi County
- McLeod County
- Sherburne County
- Lyon County
- Yellow Medicine County
- Olmsted County
- Chisago County
- Winona County
- Wabasha County
- Stevens County
- Swift County
- Lincoln County
- Lac qui Parle County
- Meeker County
- Isanti County
- Fillmore County
- Stearns County
- Traverse County
- Wilkin County
- Pope County
- Houston County
- Benton County
- Grant County
- Big Stone County
- Clay County
- Norman County
- Douglas County
- Polk County
- Mahnomen County
- Mille Lacs County
- St. Louis County
- Morrison County
- Otter Tail County
- Hubbard County
- Todd County
- Becker County
- Itasca County
- Kittson County
- Pine County
- Kanabec County
- Pennington County
- Wadena County
- Crow Wing County
- Marshall County
- Beltrami County
- Cass County
- Carlton County
- Red Lake County
- Clearwater County
- Aitkin County
- Lake of the Woods County
- Koochiching County
- Roseau County
Selling rules by situation in Minnesota
| Scenario | Redemption Period | Probate Requirements |
|---|---|---|
| Tax-Delinquent | For most land, the owner can redeem for 3 years from that sale, or 1 year in a targeted community unless homesteaded. Redemption ends only after the county serves a notice of expiration, at the later of the second Monday in May or 60 days after service. | Not applicable |
| Inherited | N/A | The $75,000 affidavit covers personal property, not land. |
| Landlocked | N/A | Not applicable |
Own land in Minnesota?
Send your county, state and parcel number. We research the parcel and send a written offer. You pay nothing, and every closing runs through a title company.
Disclosure: this site is published by Liberty Acres, a family-owned land company. We may make an offer on your land.