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BEAVER BAY, MN 55601

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
Pending
2
67% pending ratio
Median Price
$337,500
Average Price
$337,500
Days on Market
97

Market Context

Population: 152  ·  Density: 3.8/mi²  ·  Median household income: $71,875

Typical home value: $198,333  ·  Homeownership: 92.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The BEAVER BAY, MN real estate market (55601) currently shows 3 active listings, with 2 pending sales. Homes are averaging 97 days on the market before going under contract.

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.

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Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 47.4 miles — 116 listings ($35,618,919 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55601Beaver Bay, MN 556010.0 mi3$1,012,500$337,500$337,500
55616Two Harbors, MN 5561614.4 mi44$11,610,764$234,900$263,881
55602Brimson, MN 5560226.5 mi4$1,139,252$284,950$284,813
55607Isabella, MN 5560728.4 mi2$374,000$187,000$187,000
54827Cornucopia, WI 5482732.3 mi3$3,203,901$499,000$1,067,967
54865Port Wing, WI 5486533.6 mi3$1,726,566$475,000$575,522
55750Hoyt Lakes, MN 5575035.9 mi8$1,728,112$159,900$216,014
55763Makinen, MN 5576340.8 mi6$2,239,500$367,000$373,250
54850La Pointe, WI 5485041.0 mi5$2,645,000$529,000$529,000
55615Tofte, MN 5561542.0 mi8$3,086,800$391,500$385,850
55705Aurora, MN 5570544.2 mi20$3,199,260$155,000$159,963
55805Duluth, MN 5580545.8 mi8$1,853,464$237,450$231,683
54820Brule, WI 5482047.4 mi2$1,799,800$899,900$899,900

Frequently Asked Questions

How many homes are for sale in BEAVER BAY, MN 55601?

As of January 2026, there are 3 active listings in BEAVER BAY, MN (zip code 55601).

What is the median home price in BEAVER BAY, MN 55601?

The median listing price in BEAVER BAY, MN 55601 is $337,500 as of January 2026.

How long do homes stay on the market in BEAVER BAY, MN?

Homes in BEAVER BAY, MN 55601 spend an average of 97 days on the market before going under contract.

Is it a seller's or buyer's market in BEAVER BAY, MN 55601?

Based on current inventory and days-on-market data as of January 2026, BEAVER BAY, MN 55601 is currently a Balanced Market.

How much can I save on real estate commission in BEAVER BAY, MN?

With SELL123.com's maximum 3% commission, sellers in BEAVER BAY, MN 55601 save an estimated $6,750 compared to a typical 5% commission on the median listing price of $337,500. 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.