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BIG FALLS, MN 56627

Real Estate Market Report  ·  Koochiching County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$155,000
⇩ 3.1% vs $160,000 last year
Average Price
$155,000
⇩ 3.1% vs $160,000 last year
Days on Market
148
⇩ 9.8% vs 164 days last year

Market Context

Population: 206  ·  Density: 0.1/mi²  ·  Median household income: $33,958

Typical home value: $52,426  ·  Homeownership: 79.8%

Market Analysis

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

The BIG FALLS, MN real estate market (56627) currently shows 1 active listings. Homes are averaging 148 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 148 days on market compared to 164 days last year.

The median listing price has fallen 3.1% year-over-year, from $160,000 to $155,000.

Whether you are buying or selling in BIG FALLS, 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: 1 this year vs 2 last year
  • Days on market: 148 now vs 164 last year

Median & Average Pricing

Year over Year
  • Median: $155,000 (-3.1% YoY)
  • Average: $155,000 (-3.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 59.8 miles — 85 listings ($51,407,356 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56627Big Falls, MN 566270.0 mi1$155,000$155,000$155,000
56654Loman, MN 5665419.7 mi1$459,000$459,000$459,000
56685Waskish, MN 5668522.2 mi3$1,649,700$549,900$549,900
56661Northome, MN 5666124.8 mi5$2,691,250$264,500$538,250
56639Effie, MN 5663931.0 mi5$2,565,375$238,700$513,075
56630Blackduck, MN 5663037.7 mi4$810,960$125,000$202,740
56669Kabetogama, MN 5666939.4 mi3$1,087,350$362,450$362,450
56647Hines, MN 5664744.3 mi3$1,020,000$340,000$340,000
56683Tenstrike, MN 5668346.5 mi2$1,078,900$539,450$539,450
56649International Falls, MN 5664947.6 mi34$14,161,986$259,000$416,529
56667Puposky, MN 5666752.5 mi3$1,455,000$485,000$485,000
56686Williams, MN 5668656.8 mi3$752,901$210,000$250,967
55723Cook, MN 5572359.8 mi18$23,519,934$737,000$1,306,663

Frequently Asked Questions

How many homes are for sale in BIG FALLS, MN 56627?

As of January 2026, there are 1 active listings in BIG FALLS, MN (zip code 56627), compared to 2 the prior year.

What is the median home price in BIG FALLS, MN 56627?

The median listing price in BIG FALLS, MN 56627 is $155,000 as of January 2026, a 3.1% decrease from $160,000 the prior year.

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

Homes in BIG FALLS, MN 56627 spend an average of 148 days on the market before going under contract, compared to 164 days the prior year.

Is it a seller's or buyer's market in BIG FALLS, MN 56627?

Based on current inventory and days-on-market data as of January 2026, BIG FALLS, MN 56627 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 148 days on market compared to 164 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BIG FALLS, MN 56627 save an estimated $3,100 compared to a typical 5% commission on the median listing price of $155,000. 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.