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GRAND RAPIDS, MN 55744

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

Market Analysis

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

The GRAND RAPIDS, MN real estate market (55744) currently shows 101 active listings, with 17 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are selling faster, averaging 53 days on market compared to 63 days last year.

The median listing price has fallen 12.9% year-over-year, from $390,450 to $339,900.

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Market Context

Market Context

Population: 20,207  ·  Density: 32.6/mi²  ·  Median household income: $64,158

Typical home value: $216,881  ·  Homeownership: 75.4%

Market Overview

Active Listings
101
⇧ 34.7% vs 75 last year
Pending
17
17% pending ratio
Median Price
$339,900
⇩ 12.9% vs $390,450 last year
Average Price
$387,653
⇩ 20.7% vs $488,597 last year
Days on Market
53
⇩ 15.9% vs 63 days last year

Price Per Square Foot

Median $/sqft
$199
— vs $199/sqft last year
Median Home Size
1,743 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 75 last year
  • Days on market: 53 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $339,900 (-12.9% YoY)
  • Average: $387,653 (-20.7% 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 37.0 miles — 128 listings ($56,784,758 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55744Grand Rapids, MN 557440.0 mi49$22,011,143$418,425$449,207
55721Cohasset, MN 557218.3 mi5$2,006,520$359,900$401,304
55709Bovey, MN 5570913.4 mi14$12,797,722$393,749$914,123
55748Hill City, MN 5574817.0 mi5$5,064,440$512,200$1,012,888
55742Goodland, MN 5574218.0 mi1$399,999$399,999$399,999
55752Jacobson, MN 5575222.8 mi2$899,902$449,951$449,951
55753Keewatin, MN 5575323.2 mi3$291,000$97,000$97,000
55785Swatara, MN 5578524.1 mi1$729,000$729,000$729,000
55746Hibbing, MN 5574627.4 mi41$8,641,242$159,900$210,762
56469Palisade, MN 5646931.6 mi2$1,132,416$499,725$566,208
56662Outing, MN 5666232.4 mi3$1,687,374$557,475$562,458
56641Federal Dam, MN 5664135.1 mi1$325,000$325,000$325,000
55781Side Lake, MN 5578137.0 mi1$799,000$799,000$799,000

Frequently Asked Questions

How many homes are for sale in GRAND RAPIDS, MN 55744?

As of September 2026, there are 101 active listings in GRAND RAPIDS, MN (zip code 55744), compared to 75 the prior year.

What is the median home price in GRAND RAPIDS, MN 55744?

The median listing price in GRAND RAPIDS, MN 55744 is $339,900 as of September 2026, a 12.9% decrease from $390,450 the prior year.

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

Homes in GRAND RAPIDS, MN 55744 spend an average of 53 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in GRAND RAPIDS, MN 55744?

Based on current inventory and days-on-market data as of September 2026, GRAND RAPIDS, MN 55744 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 63 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GRAND RAPIDS, MN 55744 save an estimated $6,798 compared to a typical 5% commission on the median listing price of $339,900. 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.