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CALUMET, MN 55716

Real Estate Market Report  ·  Itasca County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CALUMET, MN real estate market (55716) currently shows 3 active listings, with 1 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 71 days on market compared to 46 days last year.

The median listing price has risen 10.9% year-over-year, from $120,000 to $133,100.

Whether you are buying or selling in CALUMET, 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 Context

Market Context

Population: 266  ·  Density: 80.8/mi²  ·  Median household income: $31,000

Typical home value: $78,848  ·  Homeownership: 63.2%

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
1
33% pending ratio
Median Price
$133,100
⇧ 10.9% vs $120,000 last year
Average Price
$141,833
⇧ 18.2% vs $120,000 last year
Days on Market
71
⇧ 54.3% vs 46 days last year

Price Per Square Foot

Median $/sqft
$78
⇩ 33.3% vs $117/sqft last year
Median Home Size
2,044 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 71 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $133,100 (+10.9% YoY)
  • Average: $141,833 (+18.2% YoY)

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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 33.7 miles — 82 listings ($33,236,819 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55716Calumet, MN 557160.0 mi3$438,600$146,200$146,200
55709Bovey, MN 557097.9 mi14$12,797,722$393,749$914,123
55753Keewatin, MN 5575310.1 mi3$291,000$97,000$97,000
55742Goodland, MN 5574211.9 mi1$399,999$399,999$399,999
55793Warba, MN 5579314.3 mi1$324,900$324,900$324,900
55721Cohasset, MN 5572121.1 mi5$2,006,520$359,900$401,304
55719Chisholm, MN 5571924.8 mi17$2,501,244$134,500$147,132
55713Buhl, MN 5571326.0 mi4$911,332$220,000$227,833
55748Hill City, MN 5574827.6 mi5$5,064,440$512,200$1,012,888
56628Bigfork, MN 5662828.5 mi7$2,148,860$245,000$306,980
56636Deer River, MN 5663628.7 mi19$5,269,802$217,500$277,358
55736Floodwood, MN 5573628.9 mi2$682,500$341,250$341,250
56637Talmoon, MN 5663733.7 mi1$399,900$399,900$399,900

Frequently Asked Questions

How many homes are for sale in CALUMET, MN 55716?

As of March 2026, there are 3 active listings in CALUMET, MN (zip code 55716), compared to 1 the prior year.

What is the median home price in CALUMET, MN 55716?

The median listing price in CALUMET, MN 55716 is $133,100 as of March 2026, a 10.9% increase from $120,000 the prior year.

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

Homes in CALUMET, MN 55716 spend an average of 71 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in CALUMET, MN 55716?

Based on current inventory and days-on-market data as of March 2026, CALUMET, MN 55716 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 46 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CALUMET, MN 55716 save an estimated $2,662 compared to a typical 5% commission on the median listing price of $133,100. 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.