Summary
As of Jun 01, 2026, the average estimated farmland value in Steele County, Minnesota is $11,015.58 per acre. Estimated farmland values are up 1.98% compared to one year ago.
In the past four quarters, there have been 14 fair-market-value farmland transactions in Steele County, Minnesota, totalling 1021 acres. Sold acreage in the past four quarters is up 127% compared to the same period in the preceding year and down 30.2% compared to the 10-year historical average for Steele County, Minnesota.
Average Productivity Index
78.38 NCCPI
Number of Parcels
20,167
Value Trends
Farmland Value Trends in Steele County, Minnesota
As of Jun 01, 2026, the median estimated farmland* value in Steele County, Minnesota is $11,015.58 per acre. Estimated farmland values are up 1.98% compared to the same period last year.
Cropland Price: $11,015.58 / acre (+1.98% 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 Steele County, Minnesota. AcreVisionSM leverages these valuation estimates to measure changes in farmland values over time.
Comparable Sales
Land Sales Volume in Steele County, Minnesota
In Steele County, Minnesota, there were 14 farmland transactions in the past four quarters through 2026-Q2 (Jun 01, 2026), totalling 1021 acres. Sold acreage in the past four quarters is up 127% compared to the same period in the preceding year and down 30.2% compared to the 10-year average.
Total Acreage Sold: 1,021 acres (+127% 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 Farmland Sales in Steele County, Minnesota
In the last 18 months
Price range
$7,625-$19,047 / ac.
Average
$11,128.14 / ac.
Median size
78 acres
Total sales
12