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GRAND RAPIDS, MN 55744

Real Estate Market Report  ·  Itasca County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
50
⇧ 22% vs 41 last year
Pending
14
28% pending ratio
Median Price
$393,000
⇧ 34.9% vs $291,250 last year
Average Price
$433,573
⇩ 4.2% vs $452,459 last year
Days on Market
75
⇩ 9.6% vs 83 days last year

Market Context

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

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

Market Analysis

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

The GRAND RAPIDS, MN real estate market (55744) currently shows 50 active listings, with 14 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 75 days on market compared to 83 days last year.

The median listing price has risen 34.9% year-over-year, from $291,250 to $393,000.

Whether you are buying or selling in GRAND RAPIDS, 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: 50 this year vs 41 last year
  • Days on market: 75 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $393,000 (+34.9% YoY)
  • Average: $433,573 (-4.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 35.1 miles — 120 listings ($41,367,527 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55744Grand Rapids, MN 557440.0 mi50$21,678,650$393,000$433,573
55721Cohasset, MN 557218.3 mi5$1,882,250$351,200$376,450
55716Calumet, MN 5571613.2 mi1$178,450$178,450$178,450
55793Warba, MN 5579313.5 mi1$324,900$324,900$324,900
55775Pengilly, MN 5577517.1 mi6$3,336,000$524,500$556,000
55784Swan River, MN 5578419.7 mi1$329,900$329,900$329,900
55752Jacobson, MN 5575222.8 mi2$1,548,900$774,450$774,450
55753Keewatin, MN 5575323.2 mi3$292,500$97,500$97,500
55785Swatara, MN 5578524.1 mi1$729,000$729,000$729,000
55746Hibbing, MN 5574627.4 mi44$9,087,892$174,150$206,543
56628Bigfork, MN 5662832.0 mi5$1,629,085$277,500$325,817
56626Bena, MN 5662632.7 mi1$350,000$350,000$350,000
56641Federal Dam, MN 5664135.1 mi0$0$350,000$350,000

Frequently Asked Questions

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

As of January 2026, there are 50 active listings in GRAND RAPIDS, MN (zip code 55744), compared to 41 the prior year.

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

The median listing price in GRAND RAPIDS, MN 55744 is $393,000 as of January 2026, a 34.9% increase from $291,250 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 75 days on the market before going under contract, compared to 83 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 January 2026, GRAND RAPIDS, MN 55744 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 75 days on market compared to 83 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 $7,860 compared to a typical 5% commission on the median listing price of $393,000. 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.