Farmland Value Report in Redwood County, Minnesota

Last Updated: Apr 01, 2025

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Summary

county-outlineAs of Apr 01, 2025, the average estimated farmland value in Redwood County, Minnesota is $10,372.15 per acre. Estimated farmland values are down 6.51% compared to one year ago.

In the past four quarters, there have been 22 fair-market-value farmland transactions in Redwood County, Minnesota, totalling 2462 acres. Sold acreage in the past four quarters is up 52.5% compared to the same period in the preceding year and up 11.1% compared to the 10-year historical average for Redwood County, Minnesota.

Average Productivity Index

78.45 NCCPI

Number of Parcels

14,771

Farmland Value Trend

As of Apr 01, 2025, the median estimated farmland* value in Redwood County, Minnesota is $10,372.15 per acre. Estimated farmland values are down 6.51% compared to the same period last year.

Cropland Price: $10,372.15 / acre (-6.51% year-over-year)

*This chart shows AcreVisionSM's value index for cropland only. Cropland refers to land used specifically for crop production, including row crops, closely sown crops, fruits, and vegetables. Our valuation model utilizes more than 20 data variables to estimate the value of an individual plot of land. This model analyzes thousands of localized farmland transactions to estimate the present-day values of parcels in Redwood County, Minnesota. AcreVisionSM leverages these valuation estimates to measure changes in farmland values over time.

Sales Volume

In Redwood County, Minnesota, there were 22 farmland transactions in the past four quarters through 2025-Q1 (Apr 01, 2025), totalling 2462 acres. Sold acreage in the past four quarters is up 52.5% compared to the same period in the preceding year and up 11.1% compared to the 10-year average.

Total Acreage Sold: 2,462 acres (+52.5% year-over-year)

Sales volumes over time are calculated from FBN's analysis of fair-market-value transactions across the United States, excluding transactions such as those between related parties or those which we believe are significantly below market value.

Recent Sales

In the last 18 months

Price range

$2,528-$23,187 / ac.

Average

$10,023.37 / ac.

Median size

97 acres

Total sales

34

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