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PENGILLY, MN 55775

Real Estate Market Report  ·  Itasca County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PENGILLY, MN real estate market (55775) currently shows 5 active listings, with 2 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 86 days on market compared to 42 days last year.

The median listing price has risen 12.1% year-over-year, from $329,900 to $369,975.

Whether you are buying or selling in PENGILLY, 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: 1,369  ·  Density: 8.5/mi²  ·  Median household income: $67,206

Typical home value: $209,005  ·  Homeownership: 93.0%

Market Overview

Active Listings
5
⇧ 400% vs 1 last year
Pending
2
40% pending ratio
Median Price
$369,975
⇧ 12.1% vs $329,900 last year
Average Price
$355,730
⇧ 7.8% vs $329,900 last year
Days on Market
86
⇧ 104.8% vs 42 days last year

Price Per Square Foot

Median $/sqft
$231
⇧ 9.5% vs $211/sqft last year
Median Home Size
1,284 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 1 last year
  • Days on market: 86 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $369,975 (+12.1% YoY)
  • Average: $355,730 (+7.8% 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 32.1 miles — 100 listings ($34,934,288 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55775Pengilly, MN 557750.0 mi5$2,875,000$549,999$575,000
55753Keewatin, MN 557537.4 mi3$291,000$97,000$97,000
55746Hibbing, MN 5574610.4 mi41$8,641,242$159,900$210,762
55709Bovey, MN 5570912.2 mi14$12,797,722$393,749$914,123
55793Warba, MN 5579314.3 mi1$324,900$324,900$324,900
55719Chisholm, MN 5571922.3 mi17$2,501,244$134,500$147,132
55738Forbes, MN 5573823.8 mi1$499,900$499,900$499,900
55765Meadowlands, MN 5576524.3 mi2$574,900$287,450$287,450
55721Cohasset, MN 5572125.3 mi5$2,006,520$359,900$401,304
55781Side Lake, MN 5578126.0 mi1$799,000$799,000$799,000
56657Marcell, MN 5665727.9 mi1$599,000$599,000$599,000
56628Bigfork, MN 5662831.6 mi7$2,148,860$245,000$306,980
55710Britt, MN 5571032.1 mi2$875,000$437,500$437,500

Frequently Asked Questions

How many homes are for sale in PENGILLY, MN 55775?

As of March 2026, there are 5 active listings in PENGILLY, MN (zip code 55775), compared to 1 the prior year.

What is the median home price in PENGILLY, MN 55775?

The median listing price in PENGILLY, MN 55775 is $369,975 as of March 2026, a 12.1% increase from $329,900 the prior year.

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

Homes in PENGILLY, MN 55775 spend an average of 86 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in PENGILLY, MN 55775?

Based on current inventory and days-on-market data as of March 2026, PENGILLY, MN 55775 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 42 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PENGILLY, MN 55775 save an estimated $7,400 compared to a typical 5% commission on the median listing price of $369,975. 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.