Data as of September 2026. Source: Realtor.com.
The LUTSEN, MN real estate market (55612) currently shows 29 active listings, with 4 pending sales. Homes are averaging 68 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 68 days on market compared to 56 days last year.
The median listing price has risen 1.9% year-over-year, from $454,000 to $462,500.
Population: 532 · Density: 1.2/mi² · Median household income: $72,083
Typical home value: $326,915 · Homeownership: 81.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55612 | Lutsen, MN 55612 | 0.0 mi | 10 | $4,811,590 | $331,175 | $481,159 |
| 55604 | Grand Marais, MN 55604 | 14.3 mi | 10 | $7,351,070 | $618,200 | $735,107 |
| 55606 | Hovland, MN 55606 | 33.9 mi | 3 | $2,978,124 | $992,708 | $992,708 |
| 55614 | Silver Bay, MN 55614 | 43.5 mi | 26 | $7,065,318 | $171,750 | $271,743 |
| 55731 | Ely, MN 55731 | 50.4 mi | 36 | $20,956,104 | $375,500 | $582,114 |
| 54850 | La Pointe, WI 54850 | 59.3 mi | 3 | $1,587,000 | $529,000 | $529,000 |
| 54827 | Cornucopia, WI 54827 | 70.1 mi | 3 | $4,057,350 | $1,352,450 | $1,352,450 |
| 54891 | Washburn, WI 54891 | 75.8 mi | 9 | $4,972,122 | $431,725 | $552,458 |
| 49971 | White Pine, MI 49971 | 89.7 mi | 4 | $1,067,800 | $271,450 | $266,950 |
| 54864 | Poplar, WI 54864 | 96.3 mi | 3 | $1,128,624 | $423,725 | $376,208 |
| , | 0.0 mi | 0 | $0 | $0 | $0 |
As of September 2026, there are 29 active listings in LUTSEN, MN (zip code 55612), compared to 16 the prior year.
The median listing price in LUTSEN, MN 55612 is $462,500 as of September 2026, a 1.9% increase from $454,000 the prior year.
Homes in LUTSEN, MN 55612 spend an average of 68 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LUTSEN, MN 55612 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in LUTSEN, MN 55612 save an estimated $9,250 compared to a typical 5% commission on the median listing price of $462,500. 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.