Call or Text (240) SELL-123

HILL CITY, MN 55748

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

Market Overview

Active Listings
7
⇩ 46.2% vs 13 last year
Pending
3
43% pending ratio
Median Price
$304,450
⇧ 35.3% vs $225,000 last year
Average Price
$408,325
⇧ 49.6% vs $273,021 last year
Days on Market
85
⇩ 21.3% vs 108 days last year

Market Context

Population: 1,374  ·  Density: 3.5/mi²  ·  Median household income: $55,167

Typical home value: $182,704  ·  Homeownership: 77.8%

Market Analysis

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

The HILL CITY, MN real estate market (55748) currently shows 7 active listings, with 3 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 85 days on market compared to 108 days last year.

The median listing price has risen 35.3% year-over-year, from $225,000 to $304,450.

Whether you are buying or selling in HILL CITY, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for HILL CITY, MN 55748 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 13 last year
  • Days on market: 85 now vs 108 last year

Median & Average Pricing

Year over Year
  • Median: $304,450 (+35.3% YoY)
  • Average: $408,325 (+49.6% 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 33.7 miles — 107 listings ($52,827,465 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55748Hill City, MN 557480.0 mi7$2,858,275$304,450$408,325
56469Palisade, MN 5646915.2 mi2$1,198,900$599,450$599,450
55752Jacobson, MN 5575216.4 mi2$1,548,900$774,450$774,450
55744Grand Rapids, MN 5574417.0 mi50$21,678,650$393,000$433,573
55784Swan River, MN 5578419.7 mi1$329,900$329,900$329,900
55722Coleraine, MN 5572221.4 mi3$881,250$293,750$293,750
55742Goodland, MN 5574224.7 mi1$399,999$399,999$399,999
56448Fifty Lakes, MN 5644827.4 mi1$725,000$725,000$725,000
55787Tamarack, MN 5578728.8 mi4$1,664,100$441,550$416,025
55760Mcgregor, MN 5576029.8 mi14$8,735,538$544,450$623,967
55709Bovey, MN 5570930.1 mi9$7,411,050$295,000$823,450
55736Floodwood, MN 5573631.9 mi2$675,066$342,500$337,533
56441Crosby, MN 5644133.7 mi11$4,720,837$425,000$429,167

Frequently Asked Questions

How many homes are for sale in HILL CITY, MN 55748?

As of January 2026, there are 7 active listings in HILL CITY, MN (zip code 55748), compared to 13 the prior year.

What is the median home price in HILL CITY, MN 55748?

The median listing price in HILL CITY, MN 55748 is $304,450 as of January 2026, a 35.3% increase from $225,000 the prior year.

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

Homes in HILL CITY, MN 55748 spend an average of 85 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 HILL CITY, MN 55748?

Based on current inventory and days-on-market data as of January 2026, HILL CITY, MN 55748 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 85 days on market compared to 108 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HILL CITY, MN 55748 save an estimated $6,089 compared to a typical 5% commission on the median listing price of $304,450. 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.