55612, MN Housing Market
The 55612 housing market is somewhat competitive. The median sale price of a home in 55612 was $540K over the last 3 months, up 22.0% since the same period last year. The median sale price per square foot in 55612 is $249, down 37.0% since last year.
55612 Housing Market Trends
Over the three months ending August 2026, 55612 home prices were up 22.0% compared to the same period last year, selling for a median price of $540K. On average, homes in 55612 sell after 41 days on the market compared to 38 days last year. There were 9 homes sold in August this year, up from 6 last year.

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How hot is the 55612 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 12 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 77 days.
- Hot homescan sell for around list price and go pending in around 42 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
- 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.
View houses in 55612 that sold recently
Recently sold homes
- $596,500 Last Sold Price3 beds2 baths2,240 sq ft147 Foothill Blvd, Lutsen, MN 55612List Price$619,000Sale to List4% under listDays on Market87 days147 Foothill Blvd, Lutsen, MN 55612
- $825,000 Last Sold Price3 beds3 baths—sq ft21 Turnagain Trl, Lutsen, MN 55612List Price$850,000Sale to List3% under listDays on Market145 days21 Turnagain Trl, Lutsen, MN 55612
- $825,0002 beds2 baths1,272 sq ft21 Turnagain Trl, Tofte, MN 55615List Price—Sale to List—Days on Market—21 Turnagain Trl, Tofte, MN 55615
- $349,000 Last Sold Price2 beds2.5 baths1,400 sq ft192 W Deeryard Lake Rd, Lutsen, MN 55612List Price$399,000Sale to List13% under listDays on Market233 days192 W Deeryard Lake Rd, Lutsen, MN 55612
- $450,000 Last Sold Price2 beds1 bath1,015 sq ft54 Caps Trl, Lutsen, MN 55612List Price$475,000Sale to List5% under listDays on Market80 days54 Caps Trl, Lutsen, MN 55612
- $263,000 Last Sold Price1 bed2 baths—sq ft120 Bridge Run Ln Unit A, Tofte, MN 55615List Price$269,900Sale to List3% under listDays on Market237 days120 Bridge Run Ln Unit A, Tofte, MN 55615
- $450,000—beds—baths—sq ft544 Caribou Trl, Lutsen, MN 55612List Price—Sale to List—Days on Market—544 Caribou Trl, Lutsen, MN 55612
- $325,000 Last Sold Price—beds—baths—sq ftxx W Deeryard Lake Rd, West Cook, MN 55612List Price$369,900Sale to List12% under listDays on Market307 daysxx W Deeryard Lake Rd, West Cook, MN 55612
See all recently sold homes in 55612.
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Schools in 55612
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on 55612 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 55612.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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