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MAKINEN, MN 55763

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MAKINEN, MN real estate market (55763) currently shows 4 active listings, with 1 pending sales. Homes are averaging 14 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 14 days on market compared to 302 days last year.

The median listing price has risen 58.8% year-over-year, from $369,416 to $586,500.

Whether you are buying or selling in MAKINEN, 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: 464  ·  Density: 1.1/mi²  ·  Median household income: $73,750

Typical home value: $158,125  ·  Homeownership: 88.3%

Market Overview

Active Listings
4
⇩ 33.3% vs 6 last year
Pending
1
25% pending ratio
Median Price
$586,500
⇧ 58.8% vs $369,416 last year
Average Price
$516,950
⇧ 12.7% vs $458,753 last year
Days on Market
14
⇩ 95.4% vs 302 days last year

Price Per Square Foot

Median $/sqft
$483
⇧ 436.7% vs $90/sqft last year
Median Home Size
1,214 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 6 last year
  • Days on market: 14 now vs 302 last year

Median & Average Pricing

Year over Year
  • Median: $586,500 (+58.8% YoY)
  • Average: $516,950 (+12.7% 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 34.1 miles — 197 listings ($92,438,649 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55763Makinen, MN 557630.0 mi3$1,186,374$448,000$395,458
55741Gilbert, MN 5574111.7 mi12$3,581,796$357,225$298,483
55734Eveleth, MN 5573413.2 mi17$3,018,197$149,500$177,541
55708Biwabik, MN 5570815.3 mi4$519,768$125,475$129,942
55738Forbes, MN 5573820.8 mi1$499,900$499,900$499,900
55803Duluth, MN 5580321.7 mi24$14,521,368$595,000$605,057
55732Embarrass, MN 5573224.0 mi2$893,900$446,950$446,950
55616Two Harbors, MN 5561626.5 mi42$12,666,024$242,475$301,572
55713Buhl, MN 5571327.6 mi4$911,332$220,000$227,833
55804Duluth, MN 5580430.5 mi23$20,464,135$649,900$889,745
55779Saginaw, MN 5577931.2 mi5$2,093,105$358,725$418,621
55719Chisholm, MN 5571933.4 mi17$2,501,244$134,500$147,132
55811Duluth, MN 5581134.1 mi43$29,581,506$609,500$687,942

Frequently Asked Questions

How many homes are for sale in MAKINEN, MN 55763?

As of March 2026, there are 4 active listings in MAKINEN, MN (zip code 55763), compared to 6 the prior year.

What is the median home price in MAKINEN, MN 55763?

The median listing price in MAKINEN, MN 55763 is $586,500 as of March 2026, a 58.8% increase from $369,416 the prior year.

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

Homes in MAKINEN, MN 55763 spend an average of 14 days on the market before going under contract, compared to 302 days the prior year.

Is it a seller's or buyer's market in MAKINEN, MN 55763?

Based on current inventory and days-on-market data as of March 2026, MAKINEN, MN 55763 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 14 days on market compared to 302 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MAKINEN, MN 55763 save an estimated $11,730 compared to a typical 5% commission on the median listing price of $586,500. 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.