Call or Text (240) SELL-123

EVELETH, MN 55734

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The EVELETH, MN real estate market (55734) currently shows 41 active listings, with 7 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 53 days on market compared to 58 days last year.

The median listing price has risen 14.8% year-over-year, from $221,950 to $254,900.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for EVELETH, MN 55734 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 6,437  ·  Density: 31.8/mi²  ·  Median household income: $62,692

Typical home value: $139,674  ·  Homeownership: 77.4%

Market Overview

Active Listings
41
⇧ 24.2% vs 33 last year
Pending
7
17% pending ratio
Median Price
$254,900
⇧ 14.8% vs $221,950 last year
Average Price
$268,626
⇧ 6.9% vs $251,401 last year
Days on Market
53
⇩ 8.6% vs 58 days last year

Price Per Square Foot

Median $/sqft
$154
⇧ 14.9% vs $134/sqft last year
Median Home Size
1,553 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 33 last year
  • Days on market: 53 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $254,900 (+14.8% YoY)
  • Average: $268,626 (+6.9% 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 32.3 miles — 123 listings ($38,508,627 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55734Eveleth, MN 557340.0 mi17$3,018,197$149,500$177,541
55751Iron, MN 557518.2 mi4$1,899,600$474,900$474,900
55768Mountain Iron, MN 5576812.3 mi3$802,500$275,500$267,500
55705Aurora, MN 5570513.0 mi17$3,330,113$181,950$195,889
55713Buhl, MN 5571314.7 mi4$911,332$220,000$227,833
55724Cotton, MN 5572415.2 mi4$1,653,000$413,250$413,250
55719Chisholm, MN 5571920.7 mi17$2,501,244$134,500$147,132
55765Meadowlands, MN 5576522.8 mi2$574,900$287,450$287,450
55750Hoyt Lakes, MN 5575025.5 mi7$1,968,547$168,050$281,221
55602Brimson, MN 5560227.5 mi4$1,151,700$291,175$287,925
55702Alborn, MN 5570229.3 mi1$250,000$250,000$250,000
55790Tower, MN 5579031.3 mi29$17,791,442$499,000$613,498
55706Babbitt, MN 5570632.3 mi14$2,656,052$145,125$189,718

Frequently Asked Questions

How many homes are for sale in EVELETH, MN 55734?

As of September 2026, there are 41 active listings in EVELETH, MN (zip code 55734), compared to 33 the prior year.

What is the median home price in EVELETH, MN 55734?

The median listing price in EVELETH, MN 55734 is $254,900 as of September 2026, a 14.8% increase from $221,950 the prior year.

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

Homes in EVELETH, MN 55734 spend an average of 53 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in EVELETH, MN 55734?

Based on current inventory and days-on-market data as of September 2026, EVELETH, MN 55734 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 58 days last year.

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

With SELL123.com's maximum 3% commission, sellers in EVELETH, MN 55734 save an estimated $5,098 compared to a typical 5% commission on the median listing price of $254,900. 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.