Data as of June 2026. Source: Realtor.com.
The GRAND MARAIS, MN real estate market (55604) currently shows 25 active listings, with 7 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 35 days on market compared to 22 days last year.
The median listing price has fallen 2.9% year-over-year, from $592,000 to $574,675.
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.
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 June 2026, there are 25 active listings in GRAND MARAIS, MN (zip code 55604), compared to 33 the prior year.
The median listing price in GRAND MARAIS, MN 55604 is $574,675 as of June 2026, a 2.9% decrease from $592,000 the prior year.
Homes in GRAND MARAIS, MN 55604 spend an average of 35 days on the market before going under contract, compared to 22 days the prior year.
Based on current inventory and days-on-market data as of June 2026, GRAND MARAIS, MN 55604 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 35 days on market compared to 22 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAND MARAIS, MN 55604 save an estimated $11,494 compared to a typical 5% commission on the median listing price of $574,675. 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.