55604, MN Housing Market
The 55604 housing market is very competitive. The median sale price of a home in 55604 was $516K over the last 3 months, up 4.2% since the same period last year. The median sale price per square foot in 55604 is $216, down 31.8% since last year.
55604 Housing Market Trends
Over the three months ending August 2026, 55604 home prices were up 4.2% compared to the same period last year, selling for a median price of $516K. On average, homes in 55604 sell after 35 days on the market compared to 35 days last year. There were 22 homes sold in August this year, down from 22 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 55604 housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% below list price and go pending in around 43 days.
- Hot homescan sell for around list price and go pending in around 20 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 8% below list price and go pending in around 64 days.
- Hot homescan sell for about 2% below list price and go pending in around 37 days.
View houses in 55604 that sold recently
Recently sold homes
- $637,500 Last Sold Price3 beds2 baths2,300 sq ft2457 Highway 61 E, Grand Marais, MN 55604List Price$650,000Sale to List2% under listDays on Market94 days2457 Highway 61 E, Grand Marais, MN 55604
- $796,150 Last Sold Price3 beds2.5 baths2,002 sq ft128 Wesley Ln, Grand Marais, MN 55604List Price$799,000Sale to List0% under listDays on Market75 days128 Wesley Ln, Grand Marais, MN 55604
- $475,000 Last Sold Price2 beds2 baths2,246 sq ft502 E 2nd Ave, Grand Marais, MN 55604List Price$489,900Sale to List3% under listDays on Market105 days502 E 2nd Ave, Grand Marais, MN 55604
- $815,000 Last Sold Price5 beds4 baths3,674 sq ft1926 County Rd 7, Grand Marais, MN 55604List Price$839,000Sale to List3% under listDays on Market80 days1926 County Rd 7, Grand Marais, MN 55604
- $500,000 Last Sold Price—beds—baths336 sq ft14 County Rd 48, Grand Marais, MN 55604List Price$514,900Sale to List3% under listDays on Market84 days14 County Rd 48, Grand Marais, MN 55604
- $124,900 Last Sold Price—beds—baths—sq ftXXX County Rd 60, Grand Marais, MN 55604List Price$159,900Sale to List22% under listDays on Market146 daysXXX County Rd 60, Grand Marais, MN 55604
- $53,000 Last Sold Price—beds—baths—sq ftXXB Rocky Top Trl, Hovland, MN 55606List Price$53,000Sale to List0% over listDays on Market67 daysXXB Rocky Top Trl, Hovland, MN 55606
- $155,000 Last Sold Price—beds—baths—sq ft820 W 5th Ave, Grand Marais, MN 55604List Price$150,000Sale to List3% over listDays on Market143 days820 W 5th Ave, Grand Marais, MN 55604
See all recently sold homes in 55604.
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Schools in 55604
- Elementary
- Middle
- High
GreatSchools Rating
4/10 Sawtooth Mountain Elementary School Public • PreK-5 | 203 Students | N/A |
Climate's impact on 55604 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 55604.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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