Sell Your Land inItasca County, MN
EasyLotBuyer provides cash offers for vacant land in Itasca County, Minnesota. With 88 active land listings and a median sale price of $72K, we use real market data to ensure you receive a fair offer. We serve all 16 communities including Bigfork, Bovey, Calumet and more.
Why Sell Your Itasca County Land to Us?
- We know the Itasca County land market and provide fair, data-driven offers
- Three offer types: fast cash, higher cash, or owner financing for maximum value
- We handle all Minnesota closing requirements and title work
Land Market in Itasca County, Minnesota — Current Data
Real-time land market statistics for Itasca County based on recent sales and active listings.
Higher inventory gives buyers more choices and negotiating power.
| Metric | Itasca County | MN Avg |
|---|---|---|
| Median Sale Price | $71,500 | $110,000 |
| Median Price per Acre | $10K | $27K |
| Active Listings | 88 | 6,037 |
| Sold (Last 12 Mo) | 100 | 4,599 |
| Avg Days on Market | 93 days | 147 days |
| Price Change (YoY) | -53.3% | +15.2% |
| Months of Supply | 13.9 | 17.2 |
| Sell-Through Rate | 5.4% | — |
The Itasca County land market is currently a buyer's market with 13.9 months of supply. Over the past 12 months, 100 land parcels have sold in the county, totaling $9.9M in transaction volume. Land prices have decreased 53.3% year-over-year. The median price per acre in Itasca County ($10K) is below the Minnesota statewide average of $27K.
Land Prices by Acreage in Itasca County
How land values in Itasca County vary by parcel size, based on recent sales data.
| Acreage | Median Price | $/Acre | Sold (12mo) | For Sale | Avg DOM |
|---|---|---|---|---|---|
| Under 1 Acre | $44K | $183K | 13 | 25 | 157d |
| 1-2 Acres | $69K | $54K | 11 | 17 | 89d |
| 2-5 Acres | $50K | $18K | 25 | 10 | 87d |
| 5-10 Acres | $70K | $10K | 10 | 9 | 61d |
| 10-20 Acres | $69K | $5K | 7 | 9 | 32d |
| 20-50 Acres | $79K | $2K | 25 | 7 | 91d |
| 50-100 Acres | $147K | $2K | 6 | 7 | 152d |
| 100+ Acres | $425K | $2K | 3 | 3 | 66d |
Small parcels (Under 1 Acre) in Itasca County sell for a median of $183K/acre, while larger parcels (100+ Acres) average $2K/acre — a 99% difference per acre. This per-acre discount for larger parcels is typical across most land markets.
Want to know what your specific parcel is worth?
These are county-wide averages. Your land's value depends on location, road access, utilities, zoning, and other factors. Submit your property above for a personalized cash offer based on your parcel's specific characteristics.
How to Sell Land in Itasca County — 3 Simple Steps
Submit Your Property
Tell us about your Itasca County land — location, acreage, and your contact info. Takes less than 2 minutes.
Get Your Cash Offer
We research your parcel using Itasca County county records, comparable sales, and market data to provide a fair offer within 24 hours.
Close & Get Paid
We handle all closing through a title company, cover all Minnesota closing costs, and pay via wire transfer or cashier's check.
Sell Land in Minnesota Without a Realtor
Compare your options for selling land in Itasca County. Traditional listings can take months — we close in days.
Real Estate Agent | Sell By Owner (FSBO) | EasyLotBuyer | |
|---|---|---|---|
| Time to Sell | 93+ days avg | 121+ days avg | 7-14 days |
| Commission/Fees | 6-10% of sale price | Listing fees + closing costs | $0 — we pay all costs |
| Closing Costs | Transfer tax: $1.65 per $500 (state deed tax) | Transfer tax: $1.65 per $500 (state deed tax) | We cover everything |
| Repairs/Prep | Survey, clearing may be needed | Survey, clearing, signage | We buy as-is |
| Showings | Multiple site visits | You manage all showings | No showings needed |
| Certainty | Buyer financing may fall through | High risk of no sale | Guaranteed cash close |
Land in Itasca County takes an average of 93 days to sell through traditional channels. By selling directly to EasyLotBuyer, you can skip the listing process entirely and close in as few as 7 days with a guaranteed cash offer.
Taxes and Closing Costs for Selling Land in Minnesota
Capital Gains Tax
When you sell land in Minnesota for more than you paid, the profit is subject to capital gains tax. If you've held the property for more than one year, you'll pay long-term capital gains rates (0%, 15%, or 20% federally, depending on your income).
State tax: Minnesota has a graduated income tax from 5.35% to 9.85%. Capital gains are typically taxed as regular income at the state level.
Closing Costs in Minnesota
Transfer Tax
$1.65 per $500 (state deed tax)
Typically paid by: seller
Recording Fees
$46-$100
When you sell to EasyLotBuyer, we cover all closing costs including transfer taxes, recording fees, title search, and title insurance. The cash offer you receive is the amount you take home.
Attorney & Closing Requirements
Minnesota does not require an attorney for real estate closings. Transactions are typically handled by a title company.
Minnesota requires seller disclosures for real property transfers. When you sell to EasyLotBuyer, we guide you through any required disclosures and handle all paperwork.
Mineral Rights in Minnesota
Mineral rights can be severed. Minnesota has significant iron ore mineral rights on the Iron Range. If you're unsure about the mineral rights status of your property, include this information when you submit your property details and our team will research it during due diligence.
Frequently Asked Questions About Selling Land in Itasca County
Common questions from Itasca County, Minnesota landowners considering selling their property.
The median price per acre for land in Itasca County is $10K, with a median sale price of $71,500. Recent sales range from $26,500 to $180,190. Actual value depends on location, size, road access, utilities, zoning, and other parcel-specific factors. Submit your property details for a free personalized valuation.
Cities & Towns in Itasca County
We buy vacant land near all cities and towns in Itasca County, Minnesota. Whether your property is inside city limits or in an unincorporated area, we'll make you a fair cash offer.
Sell Land in Nearby Counties
We also buy land in these neighboring counties. Click to see local market data and get a cash offer.