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WARBA, MN 55793

Real Estate Market Report  ·  Itasca County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The WARBA, MN real estate market (55793) currently shows 3 active listings, with 2 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 18 days on market compared to 147 days last year.

The median listing price has fallen 53% year-over-year, from $619,900 to $291,225.

Whether you are buying or selling in WARBA, 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: 637  ·  Density: 3.1/mi²  ·  Median household income: $62,917

Typical home value: $168,735  ·  Homeownership: 90.5%

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
2
67% pending ratio
Median Price
$291,225
⇩ 53% vs $619,900 last year
Average Price
$332,042
⇩ 46.4% vs $619,900 last year
Days on Market
18
⇩ 87.8% vs 147 days last year

Price Per Square Foot

Median $/sqft
$191
⇩ 25.7% vs $257/sqft last year
Median Home Size
1,504 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 18 now vs 147 last year

Median & Average Pricing

Year over Year
  • Median: $291,225 (-53% YoY)
  • Average: $332,042 (-46.4% 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 34.6 miles — 93 listings ($41,291,510 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55793Warba, MN 557930.0 mi1$324,900$324,900$324,900
55752Jacobson, MN 5575211.2 mi2$899,902$449,951$449,951
55722Coleraine, MN 5572213.5 mi2$319,800$159,900$159,900
55775Pengilly, MN 5577514.3 mi5$2,875,000$549,999$575,000
55736Floodwood, MN 5573619.7 mi2$682,500$341,250$341,250
55709Bovey, MN 5570920.4 mi14$12,797,722$393,749$914,123
55746Hibbing, MN 5574622.7 mi41$8,641,242$159,900$210,762
55785Swatara, MN 5578525.5 mi1$729,000$729,000$729,000
56469Palisade, MN 5646926.5 mi2$1,132,416$499,725$566,208
55798Wright, MN 5579830.9 mi2$778,900$389,450$389,450
55702Alborn, MN 5570231.8 mi1$250,000$250,000$250,000
55760Mcgregor, MN 5576033.9 mi16$9,960,528$612,400$622,533
55751Iron, MN 5575134.6 mi4$1,899,600$474,900$474,900

Frequently Asked Questions

How many homes are for sale in WARBA, MN 55793?

As of June 2026, there are 3 active listings in WARBA, MN (zip code 55793), compared to 1 the prior year.

What is the median home price in WARBA, MN 55793?

The median listing price in WARBA, MN 55793 is $291,225 as of June 2026, a 53% decrease from $619,900 the prior year.

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

Homes in WARBA, MN 55793 spend an average of 18 days on the market before going under contract, compared to 147 days the prior year.

Is it a seller's or buyer's market in WARBA, MN 55793?

Based on current inventory and days-on-market data as of June 2026, WARBA, MN 55793 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 18 days on market compared to 147 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WARBA, MN 55793 save an estimated $5,825 compared to a typical 5% commission on the median listing price of $291,225. 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.