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    Hoffman, MN Residential Land & Home Lots for Sale

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    Barrett, MN Elbow Lake, MN Evansville, MN
    Residential Land in Hoffman, MN
    $109,900
    5.86 Acres

    Residential Land in Hoffman, MN

    Tbd 1st Street N, Hoffman, MN 56339

    5.86-acre residential land parcel, ideal for development or private estate.

    • Large 5.85‑acre parcel suitable for building a private estate, multi‑unit development, or agricultural uses.
    • Located between 1st Street N and 2nd Street N, offering both privacy and central accessibility.
    • Three city sewer connections available for seamless waste management.
    • Convenient city water access simplifies construction.
    • Rare availability makes it a strong investment opportunity for developers.
    Updated: Feb 18, 2025
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    Red Rock Lake Ready Lot
    $119,000
    0.61 Acres

    Red Rock Lake Ready Lot

    Tbd Westridge Lane SW, Hoffman, MN 56339

    Lakeside lot on Red Rock Lake, ready to go.

    • Waterfront lot on Red Rock Lake
    • Ready‑to‑go lot with completed lot‑prep work (approximately $30k value)
    • Suitable for camping, building a lake getaway, or permanent residence
    • Convenient location: 20 minutes west of I‑94 and Alexandria, MN
    • Waterfront property
    Updated: May 12
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    Red Rock Lake Buildable Lot
    $109,000
    0.79 Acres

    Red Rock Lake Buildable Lot

    Level lot with 100 feet of lake frontage.

    000 Red Rock Shrs Drive SW, Hoffman, MN 56339
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Hoffman, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Land Near Barrett Lake
    $90,000
    2.84 Acres

    Land Near Barrett Lake

    Affordable lot near Barrett Lake, ideal for recreation.

    Lot 20 215th Street, Barrett, MN 56311
    View details
    Residential Lot in Evansville, MN
    Contact for pricing
    0.38 Acres

    Residential Lot in Evansville, MN

    Residential lot with utilities in Evansville, near Central Lakes Trail.

    621 Borgrud Lane, Evansville, MN 56326
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    Residential Lots in Deer Run
    $30,000
    0.70 Acres

    Residential Lots in Deer Run

    Prime building lots with city utilities in up-and-coming neighborhood.

    406 Lot1.3 5th Street E, Brandon, MN 56315
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    Residential Lots in Deer Run
    Contact for pricing
    0.83 Acres

    Residential Lots in Deer Run

    Building lots with city utilities in an up-and-coming neighborhood.

    310 Lot1.1 Mallard Lane, Brandon, MN 56315
    View details

    Hoffman, MN Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 3 residential land & home lots for sale in Hoffman, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $337,900.

    Sale prices for home sites in Hoffman, MN start at $109,000, averaging $112,633, and reaching up to $119,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Residential land & home lots 3
    Agricultural land / Farmland 1
    Hunting land 1

    Demographics Overview

    Population 1,068
    Population Growth (5Y) -2.4%
    Median Household Income $57,143
    College Educated 23.4%

    High-Yield Neighborhoods for Strategic Investment

    Identify Hoffman submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56339 $109.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.98%
    Property Tax per SF $13.73 per sq ft
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Hoffman, MN

    • 56339

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