Olmsted County, Minnesota
County research last verified 2026-07. Office holders, platforms, and deposit rules change — re-confirm anything time-sensitive.
Sale typestate default
Redemption periodstate default
Investor returnstate default
Governing statutestate default
Notes
Minnesota tax-forfeiture deed system (not certificates). After judgment and 3-year redemption, title vests in the State of Minnesota; Olmsted County then classifies and sells non-conservation parcels. May 2024 legislative overhaul: 30-day EMV-based offering within 6 months of forfeiture/vacating, then minimum-bid sale (taxes/assessments/penalties/costs), then credit-bid path; surplus proceeds process for interested parties. Auctions on PublicSurplus.com (Region: Minnesota; Agency: Olmsted County PRL Revenue Department). Also over-the-counter land sales. State of Minnesota deed issues after full payment.
Auction logistics
Format
Frequency
Deposit rules
Title risk
Deal maths for Minnesota
- Assessment ratio
- 1× of market value
- Typical quiet title
- $1,800–$5,000 · 5 mo
- Recording and transfer
- $250
Minn. Stat. § 273.11 subd. 1: "all property shall be valued at its market value." Class rates under § 273.13 are applied afterwards to compute tax capacity and do not reduce the assessed value. The estimated market value is also what § 282.005 uses to set the opening price at a tax-forfeited sale.
Offices and records
Areas trending up
Directional read from dated market analysis — not a guarantee, and not a substitute for your own comps.
Mayo Clinic employment anchor driving multifamily and professional housing demand
Suburban SF absorption with school-driven buyer pool
Relative value inventory with continued metro growth spillover