Buildocrat US Land Value Book

Land and home values in Traverse County, Minnesota

Traverse County (rural) covers 574 square miles and 2 census tracts. Residential land is about $0.92 per sq ft at the county median, from $0.92 in its most rural tracts to $1.09 in its most valuable. The typical home is worth about $116,000 and a 2-bedroom rents for about $975 a month, as of October 12, 2026.

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County values

Land: residential$0.92per sq ft
Land: residential$40,119per acre
Land: quarter-acre lot$10,03010,890 sq ft
Land: farmland$6,580per acre
Home: typical (median)$116,000value
Home: entry-level$60,900lower quartile
Home: upper-end$234,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$745per month
Rent: 2-bedroom$975per month
Rent: 3-bedroom$1,360per month
Rent: 4-bedroom$1,620per month
Gross yield, 2-bed10.1%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Farmland2$0.92$116,000$975

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
Browns ValleyTown$2.98$81,100
TintahTown$1.41$212,000
DumontTown$1.36$161,000
WheatonTown$1.19$96,200

Questions people ask

How much is land worth in Traverse County, MN?

Residential land in Traverse County, MN is about $0.92 per square foot, or $40,119 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $10,030. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Traverse County, MN?

The typical (median) home in Traverse County, MN is worth about $116,000, with entry-level homes around $60,900 and upper-end homes around $234,000, as of October 2026.

How much is rent in Traverse County, MN?

A 2-bedroom rents for about $975 a month in Traverse County, MN, a 1-bedroom about $745 and a 3-bedroom about $1,360 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Traverse County, MN?

Farmland averages about $6,580 an acre in Traverse County, MN (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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