Data as of March 2026. Source: Realtor.com.
The TWO HARBORS, MN real estate market (55616) currently shows 40 active listings, with 12 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 63 days on market compared to 24 days last year.
The median listing price has fallen 21.6% year-over-year, from $354,450 to $278,000.
Whether you are buying or selling in TWO HARBORS, 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: 7,300 · Density: 5.9/mi² · Median household income: $75,966
Typical home value: $217,979 · Homeownership: 81.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55616 | Two Harbors, MN 55616 | 0.0 mi | 42 | $12,666,024 | $242,475 | $301,572 |
| 55601 | Beaver Bay, MN 55601 | 14.4 mi | 4 | $1,350,000 | $337,500 | $337,500 |
| 55803 | Duluth, MN 55803 | 24.1 mi | 24 | $14,521,368 | $595,000 | $605,057 |
| 55804 | Duluth, MN 55804 | 24.9 mi | 23 | $20,464,135 | $649,900 | $889,745 |
| 55607 | Isabella, MN 55607 | 27.5 mi | 4 | $805,900 | $190,975 | $201,475 |
| 55705 | Aurora, MN 55705 | 30.7 mi | 17 | $3,330,113 | $181,950 | $195,889 |
| 55724 | Cotton, MN 55724 | 33.4 mi | 4 | $1,653,000 | $413,250 | $413,250 |
| 55741 | Gilbert, MN 55741 | 36.4 mi | 12 | $3,581,796 | $357,225 | $298,483 |
| 55708 | Biwabik, MN 55708 | 37.2 mi | 4 | $519,768 | $125,475 | $129,942 |
| 55811 | Duluth, MN 55811 | 38.6 mi | 43 | $29,581,506 | $609,500 | $687,942 |
| 55732 | Embarrass, MN 55732 | 39.2 mi | 2 | $893,900 | $446,950 | $446,950 |
| 55734 | Eveleth, MN 55734 | 39.6 mi | 17 | $3,018,197 | $149,500 | $177,541 |
| 54827 | Cornucopia, WI 54827 | 41.1 mi | 3 | $4,057,350 | $1,352,450 | $1,352,450 |
As of March 2026, there are 40 active listings in TWO HARBORS, MN (zip code 55616), compared to 39 the prior year.
The median listing price in TWO HARBORS, MN 55616 is $278,000 as of March 2026, a 21.6% decrease from $354,450 the prior year.
Homes in TWO HARBORS, MN 55616 spend an average of 63 days on the market before going under contract, compared to 24 days the prior year.
Based on current inventory and days-on-market data as of March 2026, TWO HARBORS, MN 55616 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 24 days last year.
With SELL123.com's maximum 3% commission, sellers in TWO HARBORS, MN 55616 save an estimated $5,560 compared to a typical 5% commission on the median listing price of $278,000. 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.