Active Listings
9
⇧ 80% vs 5 last year
Population: 532 · Density: 1.2/mi² · Median household income: $72,083
Typical home value: $326,915 · Homeownership: 81.4%
Data as of January 2026. Source: Realtor.com.
The LUTSEN, MN real estate market (55612) currently shows 9 active listings, with 1 pending sales. Homes are averaging 127 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 127 days on market compared to 36 days last year.
The median listing price has fallen 50.8% year-over-year, from $747,450 to $367,450.
Whether you are buying or selling in LUTSEN, 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 $ |
|---|---|---|---|---|---|---|
| 55612 | Lutsen, MN 55612 | 0.0 mi | 9 | $4,527,342 | $367,450 | $503,038 |
| 55604 | Grand Marais, MN 55604 | 14.3 mi | 8 | $5,478,080 | $739,900 | $684,760 |
| 55606 | Hovland, MN 55606 | 33.9 mi | 3 | $2,114,901 | $750,000 | $704,967 |
| 55614 | Silver Bay, MN 55614 | 43.5 mi | 26 | $7,805,018 | $180,000 | $300,193 |
| 55731 | Ely, MN 55731 | 50.4 mi | 44 | $23,783,012 | $359,000 | $540,523 |
| 54850 | La Pointe, WI 54850 | 59.3 mi | 5 | $2,645,000 | $529,000 | $529,000 |
| 54827 | Cornucopia, WI 54827 | 70.1 mi | 3 | $3,203,901 | $499,000 | $1,067,967 |
| 54891 | Washburn, WI 54891 | 75.8 mi | 10 | $5,038,440 | $399,000 | $503,844 |
| 54865 | Port Wing, WI 54865 | 78.0 mi | 3 | $1,726,566 | $475,000 | $575,522 |
| 54854 | Maple, WI 54854 | 91.0 mi | 1 | $185,000 | $185,000 | $185,000 |
| 49910 | Bergland, MI 49910 | 97.3 mi | 2 | $688,900 | $344,450 | $344,450 |
As of January 2026, there are 9 active listings in LUTSEN, MN (zip code 55612), compared to 5 the prior year.
The median listing price in LUTSEN, MN 55612 is $367,450 as of January 2026, a 50.8% decrease from $747,450 the prior year.
Homes in LUTSEN, MN 55612 spend an average of 127 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LUTSEN, MN 55612 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 127 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in LUTSEN, MN 55612 save an estimated $7,349 compared to a typical 5% commission on the median listing price of $367,450. 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.