55612, MN Housing Market

The 55612 housing market is not very competitive. The median sale price of a home in 55612 was $980K last month, up 20.6% since last year. The median sale price per square foot in 55612 is $408, down 48.7% since last year.

Trends
Demand
Schools
Climate

55612 Housing Market Trends

What is the housing market like in 55612 today?

$980K

Sale Price

+20.6%
since last year

$408

Sale $/Sq. Ft.

-48.7%
since last year

Under List Price

4.2%

Days on Market

63.5

Down Payment

—

Total Homes Sold

To compare other locations to the 55612 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.

How hot is the 55612 housing market?

55612 is not very competitive. Homes sell in 63.5 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 40 days.

Compare With Nearby Zip codes

55604

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 36 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.

55615

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 38 days.
Hot homes
can sell for about 1% above list price and go pending in around 23 days.

See more nearby cities and neighborhoods

View houses in 55612 that sold recently

Recently sold homes

SOLD DEC 19, 2025
$51,500 Last Sold Price
—beds
—baths
—sq ft
x7 N Caps Trl, Lutsen, MN 55612
List Price
$55,000
Sale to List
6% under list
Days on Market
164 days
x7 N Caps Trl, Lutsen, MN 55612
SOLD DEC 10, 2025
$209,900 Last Sold Price
1 bed
1 bath
—sq ft
140 Bridge Run Ln Unit C, Tofte, MN 55615
List Price
$214,900
Sale to List
2% under list
Days on Market
153 days
140 Bridge Run Ln Unit C, Tofte, MN 55615
SOLD DEC 1, 2025
3D WALKTHROUGH
$360,000 Last Sold Price
1 bed
0.5 baths
432 sq ft
395 Two Mile Rd, Lutsen, MN 55612
List Price
$375,000
Sale to List
4% under list
Days on Market
158 days
395 Two Mile Rd, Lutsen, MN 55612
SOLD DEC 1, 2025
$454,615
—beds
—baths
672 sq ft
233 Ski Hill Rd, Tofte, MN 55615
List Price
—
Sale to List
—
Days on Market
—
233 Ski Hill Rd, Tofte, MN 55615
SOLD NOV 21, 2025
$1,100,000 Last Sold Price
3 beds
4 baths
2,878 sq ft
124 Foothill Blvd, Lutsen, MN 55612
List Price
$1,189,000
Sale to List
7% under list
Days on Market
123 days
124 Foothill Blvd, Lutsen, MN 55612
SOLD NOV 20, 2025
$860,000 Last Sold Price
2 beds
2.5 baths
2,307 sq ft
85 Caps Trl, Lutsen, MN 55612
List Price
$889,750
Sale to List
3% under list
Days on Market
58 days
85 Caps Trl, Lutsen, MN 55612
SOLD NOV 10, 2025
3D WALKTHROUGH
$423,500 Last Sold Price
3 beds
—baths
975 sq ft
128 White Sky Trl, Lutsen, MN 55612
List Price
$439,000
Sale to List
4% under list
Days on Market
73 days
128 White Sky Trl, Lutsen, MN 55612
SOLD NOV 10, 2025
3D WALKTHROUGH
$1,250,000 Last Sold Price
3 beds
2 baths
1,906 sq ft
4776 Hwy 61 W, Lutsen, MN 55612
List Price
$1,150,000
Sale to List
9% over list
Days on Market
26 days
4776 Hwy 61 W, Lutsen, MN 55612
See all recently sold homes in 55612.
See listings

Schools in 55612

Learn about schools in the 55612 area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 55612 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 55612.

Provided by First Street Foundation

More real estate resources for 55612

New Listings in 55612

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