Data as of September 2026. Source: Realtor.com.
The GRAND MARAIS, MN real estate market (55604) currently shows 40 active listings, with 10 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 62 days on market compared to 88 days last year.
The median listing price has fallen 0.5% year-over-year, from $599,900 to $597,000.
Population: 3,800 · Density: 1.8/mi² · Median household income: $76,375
Typical home value: $303,392 · Homeownership: 79.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55604 | Grand Marais, MN 55604 | 0.0 mi | 10 | $7,351,070 | $618,200 | $735,107 |
| 55615 | Tofte, MN 55615 | 21.1 mi | 8 | $3,078,000 | $364,750 | $384,750 |
| 55603 | Finland, MN 55603 | 41.4 mi | 4 | $1,511,200 | $309,000 | $377,800 |
| 55731 | Ely, MN 55731 | 55.1 mi | 36 | $20,956,104 | $375,500 | $582,114 |
| 55601 | Beaver Bay, MN 55601 | 62.9 mi | 4 | $1,350,000 | $337,500 | $337,500 |
| 54850 | La Pointe, WI 54850 | 71.9 mi | 3 | $1,587,000 | $529,000 | $529,000 |
| 54827 | Cornucopia, WI 54827 | 84.2 mi | 3 | $4,057,350 | $1,352,450 | $1,352,450 |
| 49953 | Ontonagon, MI 49953 | 96.9 mi | 10 | $3,800,890 | $175,000 | $380,089 |
As of September 2026, there are 40 active listings in GRAND MARAIS, MN (zip code 55604), compared to 34 the prior year.
The median listing price in GRAND MARAIS, MN 55604 is $597,000 as of September 2026, a 0.5% decrease from $599,900 the prior year.
Homes in GRAND MARAIS, MN 55604 spend an average of 62 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of September 2026, GRAND MARAIS, MN 55604 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 62 days on market compared to 88 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAND MARAIS, MN 55604 save an estimated $11,940 compared to a typical 5% commission on the median listing price of $597,000. 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.