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WRIGHT, MN 55798

Real Estate Market Report  ·  Carlton County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$389,450
⇧ 143.6% vs $159,900 last year
Average Price
$389,450
⇧ 143.6% vs $159,900 last year
Days on Market
61
⇩ 51.6% vs 126 days last year

Market Context

Population: 605  ·  Density: 2.3/mi²  ·  Median household income: $80,625

Typical home value: $221,685  ·  Homeownership: 92.0%

Market Analysis

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

The WRIGHT, MN real estate market (55798) currently shows 2 active listings, with 1 pending sales. Homes are averaging 61 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 selling faster, averaging 61 days on market compared to 126 days last year.

The median listing price has risen 143.6% year-over-year, from $159,900 to $389,450.

Whether you are buying or selling in WRIGHT, 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: 2 this year vs 1 last year
  • Days on market: 61 now vs 126 last year

Median & Average Pricing

Year over Year
  • Median: $389,450 (+143.6% YoY)
  • Average: $389,450 (+143.6% 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 33.5 miles — 112 listings ($52,705,659 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55798Wright, MN 557980.0 mi2$778,900$389,450$389,450
55726Cromwell, MN 557267.8 mi5$1,643,375$339,900$328,675
55760Mcgregor, MN 5576015.4 mi14$8,735,538$544,450$623,967
55707Barnum, MN 5570719.7 mi2$1,155,000$577,500$577,500
55720Cloquet, MN 5572020.9 mi30$11,641,560$299,500$388,052
55783Sturgeon Lake, MN 5578321.8 mi7$9,624,860$1,500,000$1,374,980
55718Carlton, MN 5571824.4 mi7$2,816,975$437,400$402,425
56469Palisade, MN 5646927.1 mi2$1,198,900$599,450$599,450
55765Meadowlands, MN 5576528.4 mi2$734,800$367,400$367,400
55733Esko, MN 5573329.2 mi24$10,264,152$425,000$427,673
55793Warba, MN 5579330.8 mi1$324,900$324,900$324,900
55742Goodland, MN 5574232.0 mi1$399,999$399,999$399,999
55810Duluth, MN 5581033.5 mi15$3,386,700$224,999$225,780

Frequently Asked Questions

How many homes are for sale in WRIGHT, MN 55798?

As of January 2026, there are 2 active listings in WRIGHT, MN (zip code 55798), compared to 1 the prior year.

What is the median home price in WRIGHT, MN 55798?

The median listing price in WRIGHT, MN 55798 is $389,450 as of January 2026, a 143.6% increase from $159,900 the prior year.

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

Homes in WRIGHT, MN 55798 spend an average of 61 days on the market before going under contract, compared to 126 days the prior year.

Is it a seller's or buyer's market in WRIGHT, MN 55798?

Based on current inventory and days-on-market data as of January 2026, WRIGHT, MN 55798 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 61 days on market compared to 126 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WRIGHT, MN 55798 save an estimated $7,789 compared to a typical 5% commission on the median listing price of $389,450. 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.