Tower, MN Housing Market

The Tower housing market is not very competitive. The median sale price of a home in Tower was $65K last month, up 62.5% since last year. The median sale price per square foot in Tower is $59, up 78.8% since last year.

Trends
Demand
Migration
Schools
Climate

Tower Housing Market Trends

What is the housing market like in Tower today?

$65K

Sale Price

+62.5%
since last year

$59

Sale $/Sq. Ft.

+78.8%
since last year

Under List Price

4.5%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Tower and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Tower add value to a home.

How hot is the Tower housing market?

Tower is not very competitive. Homes sell in 70 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 70 days.
Hot homes
can sell for around list price and go pending in around 15 days.

Compare With Nearby Cities

Biwabik

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 6 days.

Babbitt

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 20 days.

See more nearby cities and neighborhoods

Tower Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Tower that sold recently

Recently sold homes

SOLD DEC 6, 2024
$440,000 Last Sold Price
2 beds
1 bath
—sq ft
9445 Saint Anthony Beach Rd, Vermilion Lake Twp, MN 55790
List Price
$460,000
Sale to List
4% under list
Days on Market
90 days
9445 Saint Anthony Beach Rd, Vermilion Lake Twp, MN 55790
SOLD NOV 22, 2024
VIDEO TOUR
$115,000 Last Sold Price
—beds
—baths
—sq ft
TBD Grassy Pt, Cook, MN 55723
List Price
$125,000
Sale to List
8% under list
Days on Market
148 days
TBD Grassy Pt, Cook, MN 55723
SOLD NOV 22, 2024
$100,000
2 beds
—baths
540 sq ft
5458 Ely Is S, Tower, MN 55790
List Price
—
Sale to List
—
Days on Market
—
5458 Ely Is S, Tower, MN 55790
SOLD NOV 22, 2024
$670,000 Last Sold Price
2 beds
4 baths
—sq ft
1583 Mckinley Park Rd, Breitung Twp, MN 55790
List Price
$703,500
Sale to List
5% under list
Days on Market
214 days
1583 Mckinley Park Rd, Breitung Twp, MN 55790
SOLD NOV 15, 2024
$75,000 Last Sold Price
—beds
—baths
—sq ft
3238 Breezy Point Rd, Tower, MN 55790
List Price
$95,000
Sale to List
21% under list
Days on Market
51 days
3238 Breezy Point Rd, Tower, MN 55790
SOLD NOV 11, 2024
$195,000 Last Sold Price
—beds
—baths
—sq ft
80074 Waters of Vermilion Rd, Greenwood Twp, MN 55790
List Price
$199,900
Sale to List
2% under list
Days on Market
168 days
80074 Waters of Vermilion Rd, Greenwood Twp, MN 55790
SOLD NOV 7, 2024
$69,900 Last Sold Price
—beds
—baths
—sq ft
XXXX Rivers Rd, Tower, MN 55790
List Price
$69,900
Sale to List
0% over list
Days on Market
29 days
XXXX Rivers Rd, Tower, MN 55790
SOLD NOV 1, 2024
$124,000 Last Sold Price
1 bed
—baths
—sq ft
3421 Breezy Point Is, Greenwood Twp, MN 55790
List Price
$198,500
Sale to List
38% under list
Days on Market
427 days
3421 Breezy Point Is, Greenwood Twp, MN 55790
See all recently sold homes in Tower.
See listings

Schools in Tower

Learn about schools in the Tower area

Elementary
Middle
High

GreatSchools Rating

2/10

Tower-Soudan Elementary School

Public • PreK-6

Students

N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Tower housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Tower.

Heat Factor - Minimal

100% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Tower

New Listings in Tower

Nearby City Housing Markets

Zip Code Housing Markets

55790 Housing Market

Nearby City Listings

Zip Code Listings

55790 Real Estate

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