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KNIFE RIVER, MN 55609

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

Market Overview

Active Listings
0
Pending
0
0% pending ratio
Median Price
$479,900
Average Price
$479,900
Days on Market
65

Market Context

Population: 135  ·  Density: 20.9/mi²  ·  Median household income: $73,958

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The KNIFE RIVER, MN real estate market (55609) currently shows 0 active listings. Homes are averaging 65 days on the market before going under contract.

Whether you are buying or selling in KNIFE RIVER, 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 32.4 miles — 188 listings ($72,723,629 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55609Knife River, MN 556090.0 mi0$0$479,900$479,900
55803Duluth, MN 5580314.3 mi22$8,940,514$312,450$406,387
55805Duluth, MN 5580518.5 mi8$1,853,464$237,450$231,683
55616Two Harbors, MN 5561620.6 mi44$11,610,764$234,900$263,881
55811Duluth, MN 5581122.3 mi38$23,549,512$540,000$619,724
55807Duluth, MN 5580724.1 mi16$4,437,440$244,450$277,340
54864Poplar, WI 5486424.8 mi2$990,000$495,000$495,000
55810Duluth, MN 5581027.1 mi15$3,386,700$224,999$225,780
54874South Range, WI 5487428.3 mi4$1,554,668$385,000$388,667
55808Duluth, MN 5580829.1 mi9$3,157,947$220,000$350,883
54820Brule, WI 5482030.0 mi2$1,799,800$899,900$899,900
55724Cotton, MN 5572431.3 mi4$1,178,668$295,000$294,667
55733Esko, MN 5573332.4 mi24$10,264,152$425,000$427,673

Frequently Asked Questions

How many homes are for sale in KNIFE RIVER, MN 55609?

As of January 2026, there are 0 active listings in KNIFE RIVER, MN (zip code 55609).

What is the median home price in KNIFE RIVER, MN 55609?

The median listing price in KNIFE RIVER, MN 55609 is $479,900 as of January 2026.

How long do homes stay on the market in KNIFE RIVER, MN?

Homes in KNIFE RIVER, MN 55609 spend an average of 65 days on the market before going under contract.

Is it a seller's or buyer's market in KNIFE RIVER, MN 55609?

Based on current inventory and days-on-market data as of January 2026, KNIFE RIVER, MN 55609 is currently a Balanced Market.

How much can I save on real estate commission in KNIFE RIVER, MN?

With SELL123.com's maximum 3% commission, sellers in KNIFE RIVER, MN 55609 save an estimated $9,598 compared to a typical 5% commission on the median listing price of $479,900. 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.