Population: 339 · Density: 0.7/mi² · Median household income: $62,778
Typical home value: $272,115 · Homeownership: 70.3%
Data as of January 2026. Source: Realtor.com.
The TOFTE, MN real estate market (55615) currently shows 8 active listings, with 1 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are selling faster, averaging 40 days on market compared to 129 days last year.
The median listing price has fallen 7.2% year-over-year, from $422,000 to $391,500.
Whether you are buying or selling in TOFTE, 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 $ |
|---|---|---|---|---|---|---|
| 55615 | Tofte, MN 55615 | 0.0 mi | 8 | $3,086,800 | $391,500 | $385,850 |
| 55603 | Finland, MN 55603 | 20.3 mi | 4 | $1,508,400 | $342,000 | $377,100 |
| 55607 | Isabella, MN 55607 | 30.5 mi | 2 | $374,000 | $187,000 | $187,000 |
| 55601 | Beaver Bay, MN 55601 | 42.1 mi | 3 | $1,012,500 | $337,500 | $337,500 |
| 55731 | Ely, MN 55731 | 43.7 mi | 44 | $23,783,012 | $359,000 | $540,523 |
| 55616 | Two Harbors, MN 55616 | 50.5 mi | 44 | $11,610,764 | $234,900 | $263,881 |
| 55602 | Brimson, MN 55602 | 56.2 mi | 4 | $1,139,252 | $284,950 | $284,813 |
| 54814 | Bayfield, WI 54814 | 61.5 mi | 9 | $6,947,469 | $749,900 | $771,941 |
| 54844 | Herbster, WI 54844 | 68.2 mi | 3 | $2,030,901 | $315,000 | $676,967 |
| 54891 | Washburn, WI 54891 | 72.6 mi | 10 | $5,038,440 | $399,000 | $503,844 |
| 55803 | Duluth, MN 55803 | 74.7 mi | 22 | $8,940,514 | $312,450 | $406,387 |
| 54806 | Ashland, WI 54806 | 82.8 mi | 30 | $8,609,580 | $262,000 | $286,986 |
| 54854 | Maple, WI 54854 | 85.1 mi | 1 | $185,000 | $185,000 | $185,000 |
As of January 2026, there are 8 active listings in TOFTE, MN (zip code 55615), compared to 3 the prior year.
The median listing price in TOFTE, MN 55615 is $391,500 as of January 2026, a 7.2% decrease from $422,000 the prior year.
Homes in TOFTE, MN 55615 spend an average of 40 days on the market before going under contract, compared to 129 days the prior year.
Based on current inventory and days-on-market data as of January 2026, TOFTE, MN 55615 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 129 days last year.
With SELL123.com's maximum 3% commission, sellers in TOFTE, MN 55615 save an estimated $7,830 compared to a typical 5% commission on the median listing price of $391,500. 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.