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SOUDAN, MN 55782

Real Estate Market Report  ·  Saint Louis County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SOUDAN, MN real estate market (55782) currently shows 2 active listings, with 1 pending sales.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

The median listing price has fallen 56.3% year-over-year, from $134,900 to $59,000.

Whether you are buying or selling in SOUDAN, 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: 431  ·  Density: 15.4/mi²  ·  Median household income: $55,250

Typical home value: $91,112  ·  Homeownership: 82.8%

Market Overview

Active Listings
2
⇩ 60% vs 5 last year
Pending
1
50% pending ratio
Median Price
$59,000
⇩ 56.3% vs $134,900 last year
Average Price
$59,000
⇩ 54.1% vs $128,540 last year
Days on Market
⇩ 100% vs 24 days last year

Price Per Square Foot

Median $/sqft
$50
⇩ 50.5% vs $101/sqft last year
Median Home Size
1,176 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 5 last year

Median & Average Pricing

Year over Year
  • Median: $59,000 (-56.3% YoY)
  • Average: $59,000 (-54.1% 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 43.5 miles — 123 listings ($26,979,291 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55782Soudan, MN 557820.0 mi3$291,000$97,000$97,000
55732Embarrass, MN 5573210.0 mi2$893,900$446,950$446,950
55792Virginia, MN 5579220.1 mi33$5,323,593$133,500$161,321
55750Hoyt Lakes, MN 5575022.3 mi7$1,968,547$168,050$281,221
55705Aurora, MN 5570524.6 mi17$3,330,113$181,950$195,889
55741Gilbert, MN 5574126.6 mi12$3,581,796$357,225$298,483
55768Mountain Iron, MN 5576830.5 mi3$802,500$275,500$267,500
55734Eveleth, MN 5573433.3 mi17$3,018,197$149,500$177,541
55607Isabella, MN 5560734.9 mi4$805,900$190,975$201,475
55719Chisholm, MN 5571935.7 mi17$2,501,244$134,500$147,132
55751Iron, MN 5575136.8 mi4$1,899,600$474,900$474,900
55725Crane Lake, MN 5572539.6 mi3$2,063,001$369,000$687,667
55738Forbes, MN 5573843.5 mi1$499,900$499,900$499,900

Frequently Asked Questions

How many homes are for sale in SOUDAN, MN 55782?

As of March 2026, there are 2 active listings in SOUDAN, MN (zip code 55782), compared to 5 the prior year.

What is the median home price in SOUDAN, MN 55782?

The median listing price in SOUDAN, MN 55782 is $59,000 as of March 2026, a 56.3% decrease from $134,900 the prior year.

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

Homes in SOUDAN, MN 55782 spend an average of 0 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in SOUDAN, MN 55782?

Based on current inventory and days-on-market data as of March 2026, SOUDAN, MN 55782 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

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

With SELL123.com's maximum 3% commission, sellers in SOUDAN, MN 55782 save an estimated $1,180 compared to a typical 5% commission on the median listing price of $59,000. 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.