Data as of July 2026. Source: Realtor.com.
The BEAVER BAY, MN real estate market (55601) currently shows 5 active listings, with 1 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 61 days on market compared to 8 days last year.
The median listing price has risen 35.3% year-over-year, from $499,000 to $675,000.
Whether you are buying or selling in BEAVER BAY, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 152 · Density: 3.8/mi² · Median household income: $71,875
Typical home value: $198,333 · Homeownership: 92.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55601 | Beaver Bay, MN 55601 | 0.0 mi | 4 | $1,350,000 | $337,500 | $337,500 |
| 55616 | Two Harbors, MN 55616 | 14.4 mi | 42 | $12,666,024 | $242,475 | $301,572 |
| 55602 | Brimson, MN 55602 | 26.5 mi | 4 | $1,151,700 | $291,175 | $287,925 |
| 54844 | Herbster, WI 54844 | 31.7 mi | 5 | $5,749,750 | $1,149,950 | $1,149,950 |
| 54814 | Bayfield, WI 54814 | 33.5 mi | 12 | $9,226,992 | $749,900 | $768,916 |
| 55804 | Duluth, MN 55804 | 33.7 mi | 23 | $20,464,135 | $649,900 | $889,745 |
| 55803 | Duluth, MN 55803 | 36.0 mi | 24 | $14,521,368 | $595,000 | $605,057 |
| 55706 | Babbitt, MN 55706 | 40.9 mi | 14 | $2,656,052 | $145,125 | $189,718 |
| 54891 | Washburn, WI 54891 | 41.6 mi | 9 | $4,972,122 | $431,725 | $552,458 |
| 54854 | Maple, WI 54854 | 43.4 mi | 1 | $185,000 | $185,000 | $185,000 |
| 55812 | Duluth, MN 55812 | 44.5 mi | 14 | $7,037,100 | $449,450 | $502,650 |
| 54847 | Iron River, WI 54847 | 45.9 mi | 20 | $11,011,380 | $419,750 | $550,569 |
| 55724 | Cotton, MN 55724 | 47.5 mi | 4 | $1,653,000 | $413,250 | $413,250 |
As of July 2026, there are 5 active listings in BEAVER BAY, MN (zip code 55601), compared to 2 the prior year.
The median listing price in BEAVER BAY, MN 55601 is $675,000 as of July 2026, a 35.3% increase from $499,000 the prior year.
Homes in BEAVER BAY, MN 55601 spend an average of 61 days on the market before going under contract, compared to 8 days the prior year.
Based on current inventory and days-on-market data as of July 2026, BEAVER BAY, MN 55601 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 61 days on market compared to 8 days last year.
With SELL123.com's maximum 3% commission, sellers in BEAVER BAY, MN 55601 save an estimated $13,500 compared to a typical 5% commission on the median listing price of $675,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.