Active Listings
8
⇩ 42.9% vs 14 last year
Population: 3,800 · Density: 1.8/mi² · Median household income: $76,375
Typical home value: $303,392 · Homeownership: 79.0%
Data as of January 2026. Source: Realtor.com.
The GRAND MARAIS, MN real estate market (55604) currently shows 8 active listings, with 3 pending sales. Homes are averaging 152 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 152 days on market compared to 90 days last year.
The median listing price has risen 67.2% year-over-year, from $442,500 to $739,900.
Whether you are buying or selling in GRAND MARAIS, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55604 | Grand Marais, MN 55604 | 0.0 mi | 8 | $5,478,080 | $739,900 | $684,760 |
| 55615 | Tofte, MN 55615 | 21.1 mi | 8 | $3,086,800 | $391,500 | $385,850 |
| 55603 | Finland, MN 55603 | 41.4 mi | 4 | $1,508,400 | $342,000 | $377,100 |
| 55731 | Ely, MN 55731 | 55.1 mi | 44 | $23,783,012 | $359,000 | $540,523 |
| 55601 | Beaver Bay, MN 55601 | 62.9 mi | 3 | $1,012,500 | $337,500 | $337,500 |
| 54850 | La Pointe, WI 54850 | 71.9 mi | 5 | $2,645,000 | $529,000 | $529,000 |
| 54827 | Cornucopia, WI 54827 | 84.2 mi | 3 | $3,203,901 | $499,000 | $1,067,967 |
| 49953 | Ontonagon, MI 49953 | 96.9 mi | 10 | $3,791,440 | $175,000 | $379,144 |
As of January 2026, there are 8 active listings in GRAND MARAIS, MN (zip code 55604), compared to 14 the prior year.
The median listing price in GRAND MARAIS, MN 55604 is $739,900 as of January 2026, a 67.2% increase from $442,500 the prior year.
Homes in GRAND MARAIS, MN 55604 spend an average of 152 days on the market before going under contract, compared to 90 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GRAND MARAIS, MN 55604 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 152 days on market compared to 90 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAND MARAIS, MN 55604 save an estimated $14,798 compared to a typical 5% commission on the median listing price of $739,900. 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.