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HIBBING, MN 55746

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

Market Analysis

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

The HIBBING, MN real estate market (55746) currently shows 61 active listings, with 20 pending sales. Homes are averaging 44 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 44 days on market compared to 46 days last year.

The median listing price has fallen 10.6% year-over-year, from $194,450 to $173,875.

Whether you are buying or selling in HIBBING, 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 Context

Market Context

Population: 16,963  ·  Density: 18.9/mi²  ·  Median household income: $53,209

Typical home value: $124,306  ·  Homeownership: 74.8%

Market Overview

Active Listings
61
⇧ 15.1% vs 53 last year
Pending
20
33% pending ratio
Median Price
$173,875
⇩ 10.6% vs $194,450 last year
Average Price
$243,910
⇩ 5.4% vs $257,896 last year
Days on Market
44
⇩ 4.3% vs 46 days last year

Price Per Square Foot

Median $/sqft
$121
⇩ 4% vs $126/sqft last year
Median Home Size
1,562 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 53 last year
  • Days on market: 44 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $173,875 (-10.6% YoY)
  • Average: $243,910 (-5.4% 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
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 30.5 miles — 128 listings ($29,447,499 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55746Hibbing, MN 557460.0 mi41$8,641,242$159,900$210,762
55775Pengilly, MN 5577510.4 mi5$2,875,000$549,999$575,000
55769Nashwauk, MN 5576913.6 mi8$2,596,024$287,500$324,503
55719Chisholm, MN 5571914.3 mi17$2,501,244$134,500$147,132
55738Forbes, MN 5573815.2 mi1$499,900$499,900$499,900
55768Mountain Iron, MN 5576817.1 mi3$802,500$275,500$267,500
55765Meadowlands, MN 5576520.4 mi2$574,900$287,450$287,450
55781Side Lake, MN 5578122.6 mi1$799,000$799,000$799,000
55722Coleraine, MN 5572222.9 mi2$319,800$159,900$159,900
55736Floodwood, MN 5573626.5 mi2$682,500$341,250$341,250
55741Gilbert, MN 5574127.5 mi12$3,581,796$357,225$298,483
55792Virginia, MN 5579227.7 mi33$5,323,593$133,500$161,321
55702Alborn, MN 5570230.5 mi1$250,000$250,000$250,000

Frequently Asked Questions

How many homes are for sale in HIBBING, MN 55746?

As of July 2026, there are 61 active listings in HIBBING, MN (zip code 55746), compared to 53 the prior year.

What is the median home price in HIBBING, MN 55746?

The median listing price in HIBBING, MN 55746 is $173,875 as of July 2026, a 10.6% decrease from $194,450 the prior year.

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

Homes in HIBBING, MN 55746 spend an average of 44 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in HIBBING, MN 55746?

Based on current inventory and days-on-market data as of July 2026, HIBBING, MN 55746 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 44 days on market compared to 46 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HIBBING, MN 55746 save an estimated $3,478 compared to a typical 5% commission on the median listing price of $173,875. 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.