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EVELETH, MN 55734

Real Estate Market Report  ·  Saint Louis County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
16
⇩ 38.5% vs 26 last year
Pending
4
25% pending ratio
Median Price
$148,067
⇩ 8.6% vs $162,000 last year
Average Price
$181,826
⇩ 7.4% vs $196,254 last year
Days on Market
96
⇩ 11.1% vs 108 days last year

Market Context

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

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

Market Analysis

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

The EVELETH, MN real estate market (55734) currently shows 16 active listings, with 4 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 96 days on market compared to 108 days last year.

The median listing price has fallen 8.6% year-over-year, from $162,000 to $148,067.

Whether you are buying or selling in EVELETH, 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: 16 this year vs 26 last year
  • Days on market: 96 now vs 108 last year

Median & Average Pricing

Year over Year
  • Median: $148,067 (-8.6% YoY)
  • Average: $181,826 (-7.4% 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 31.9 miles — 105 listings ($28,469,897 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55734Eveleth, MN 557340.0 mi16$2,909,216$148,067$181,826
55751Iron, MN 557518.2 mi2$993,266$496,633$496,633
55768Mountain Iron, MN 5576812.3 mi3$856,500$285,500$285,500
55705Aurora, MN 5570513.0 mi20$3,199,260$155,000$159,963
55713Buhl, MN 5571314.7 mi5$1,139,165$220,000$227,833
55724Cotton, MN 5572415.2 mi4$1,178,668$295,000$294,667
55719Chisholm, MN 5571920.7 mi18$3,145,158$139,900$174,731
55765Meadowlands, MN 5576522.8 mi2$734,800$367,400$367,400
55732Embarrass, MN 5573224.1 mi3$1,445,850$481,950$481,950
55753Keewatin, MN 5575327.4 mi3$292,500$97,500$97,500
55703Angora, MN 5570328.0 mi1$299,000$299,000$299,000
55803Duluth, MN 5580331.3 mi22$8,940,514$312,450$406,387
55775Pengilly, MN 5577531.9 mi6$3,336,000$524,500$556,000

Frequently Asked Questions

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

As of January 2026, there are 16 active listings in EVELETH, MN (zip code 55734), compared to 26 the prior year.

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

The median listing price in EVELETH, MN 55734 is $148,067 as of January 2026, a 8.6% decrease from $162,000 the prior year.

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

Homes in EVELETH, MN 55734 spend an average of 96 days on the market before going under contract, compared to 108 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 January 2026, EVELETH, MN 55734 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 96 days on market compared to 108 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 $2,961 compared to a typical 5% commission on the median listing price of $148,067. 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.