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COHASSET, MN 55721

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

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
1
20% pending ratio
Median Price
$351,200
⇧ 14.2% vs $307,500 last year
Average Price
$376,450
⇧ 22.4% vs $307,500 last year
Days on Market
105
⇧ 8.2% vs 97 days last year

Market Context

Population: 3,860  ·  Density: 15.9/mi²  ·  Median household income: $80,455

Typical home value: $254,881  ·  Homeownership: 90.7%

Market Analysis

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

The COHASSET, MN real estate market (55721) currently shows 5 active listings, with 1 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 105 days on market compared to 97 days last year.

The median listing price has risen 14.2% year-over-year, from $307,500 to $351,200.

Whether you are buying or selling in COHASSET, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 105 now vs 97 last year

Median & Average Pricing

Year over Year
  • Median: $351,200 (+14.2% YoY)
  • Average: $376,450 (+22.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 33.9 miles — 55 listings ($30,039,300 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55721Cohasset, MN 557210.0 mi5$1,882,250$351,200$376,450
55722Coleraine, MN 5572212.7 mi3$881,250$293,750$293,750
55748Hill City, MN 5574816.1 mi7$2,858,275$304,450$408,325
55709Bovey, MN 5570919.3 mi9$7,411,050$295,000$823,450
55793Warba, MN 5579320.3 mi1$324,900$324,900$324,900
55716Calumet, MN 5571621.1 mi1$178,450$178,450$178,450
55775Pengilly, MN 5577525.3 mi6$3,336,000$524,500$556,000
55742Goodland, MN 5574225.9 mi1$399,999$399,999$399,999
56641Federal Dam, MN 5664126.8 mi0$0$350,000$350,000
56662Outing, MN 5666227.6 mi3$1,679,901$550,000$559,967
56655Longville, MN 5665530.3 mi12$8,259,240$525,000$688,270
56469Palisade, MN 5646931.2 mi2$1,198,900$599,450$599,450
56628Bigfork, MN 5662833.9 mi5$1,629,085$277,500$325,817

Frequently Asked Questions

How many homes are for sale in COHASSET, MN 55721?

As of January 2026, there are 5 active listings in COHASSET, MN (zip code 55721), compared to 2 the prior year.

What is the median home price in COHASSET, MN 55721?

The median listing price in COHASSET, MN 55721 is $351,200 as of January 2026, a 14.2% increase from $307,500 the prior year.

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

Homes in COHASSET, MN 55721 spend an average of 105 days on the market before going under contract, compared to 97 days the prior year.

Is it a seller's or buyer's market in COHASSET, MN 55721?

Based on current inventory and days-on-market data as of January 2026, COHASSET, MN 55721 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 105 days on market compared to 97 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COHASSET, MN 55721 save an estimated $7,024 compared to a typical 5% commission on the median listing price of $351,200. 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.