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TOWER, MN 55790

Real Estate Market Report  ·  Saint Louis County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
26
⇧ 4% vs 25 last year
Pending
1
4% pending ratio
Median Price
$499,000
⇧ 0.5% vs $496,750 last year
Average Price
$598,720
⇧ 23.6% vs $484,466 last year
Days on Market
96
⇧ 15.7% vs 83 days last year

Market Context

Population: 1,871  ·  Density: 5.0/mi²  ·  Median household income: $77,969

Typical home value: $300,765  ·  Homeownership: 87.5%

Market Analysis

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

The TOWER, MN real estate market (55790) currently shows 26 active listings, with 1 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 96 days on market compared to 83 days last year.

The median listing price has risen 0.5% year-over-year, from $496,750 to $499,000.

Whether you are buying or selling in TOWER, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 25 last year
  • Days on market: 96 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $499,000 (+0.5% YoY)
  • Average: $598,720 (+23.6% 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 42.5 miles — 112 listings ($56,148,675 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55790Tower, MN 557900.0 mi26$15,566,720$499,000$598,720
55732Embarrass, MN 5573212.6 mi3$1,445,850$481,950$481,950
55710Britt, MN 5571019.5 mi2$899,000$449,500$449,500
55708Biwabik, MN 5570820.3 mi3$491,400$172,500$163,800
55723Cook, MN 5572322.8 mi18$23,519,934$737,000$1,306,663
55705Aurora, MN 5570525.7 mi20$3,199,260$155,000$159,963
55750Hoyt Lakes, MN 5575027.1 mi8$1,728,112$159,900$216,014
55713Buhl, MN 5571329.7 mi5$1,139,165$220,000$227,833
55734Eveleth, MN 5573431.3 mi16$2,909,216$148,067$181,826
55751Iron, MN 5575133.1 mi2$993,266$496,633$496,633
55725Crane Lake, MN 5572536.5 mi3$2,743,500$847,000$914,500
55602Brimson, MN 5560240.7 mi4$1,139,252$284,950$284,813
55607Isabella, MN 5560742.5 mi2$374,000$187,000$187,000

Frequently Asked Questions

How many homes are for sale in TOWER, MN 55790?

As of January 2026, there are 26 active listings in TOWER, MN (zip code 55790), compared to 25 the prior year.

What is the median home price in TOWER, MN 55790?

The median listing price in TOWER, MN 55790 is $499,000 as of January 2026, a 0.5% increase from $496,750 the prior year.

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

Homes in TOWER, MN 55790 spend an average of 96 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in TOWER, MN 55790?

Based on current inventory and days-on-market data as of January 2026, TOWER, MN 55790 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 96 days on market compared to 83 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TOWER, MN 55790 save an estimated $9,980 compared to a typical 5% commission on the median listing price of $499,000. 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.