55612, MN Housing Market

The 55612 housing market is somewhat competitive. The median sale price of a home in 55612 was $493K last month, down 7.8% since last year. The median sale price per square foot in 55612 is $275, down 49.1% since last year.

Trends
Demand
Schools
Climate

55612 Housing Market Trends

What is the housing market like in 55612 today?

$493K

Sale Price

-7.8%
since last year

$275

Sale $/Sq. Ft.

-49.1%
since last year

Under List Price

1.9%

Days on Market

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 somewhat competitive. Homes sell in 56 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 56 days.
Hot homes
can sell for about 1% above list price and go pending in around 36 days.

Compare With Nearby Zip codes

55604

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 79 days.
Hot homes
can sell for around list price and go pending in around 50 days.

See more nearby cities and neighborhoods

View houses in 55612 that sold recently

Recently sold homes

SOLD JUN 26, 2025
Unknown Last Sold Price
—beds
—baths
—sq ft
X31 Isak Ridge Rd, Lutsen, MN 55612
List Price
—
Sale to List
—
Days on Market
41 days
X31 Isak Ridge Rd, Lutsen, MN 55612
SOLD JUN 20, 2025
$235,000 Last Sold Price
1 bed
2 baths
724 sq ft
144C Bridge Run Ln Unit 144C, Lutsen, MN 55612
List Price
$275,000
Sale to List
15% under list
Days on Market
160 days
144C Bridge Run Ln Unit 144C, Lutsen, MN 55612
SOLD MAY 30, 2025
Unknown Last Sold Price
—beds
—baths
—sq ft
x48 Hansen-hjemsted Rd, Lutsen, MN 55612
List Price
—
Sale to List
—
Days on Market
28 days
x48 Hansen-hjemsted Rd, Lutsen, MN 55612
SOLD MAY 29, 2025
$280,000 Last Sold Price
1 bed
2 baths
—sq ft
135 Bridge Run Ln Unit B, Lutsen Twp, MN 55615
List Price
$305,000
Sale to List
8% under list
Days on Market
111 days
135 Bridge Run Ln Unit B, Lutsen Twp, MN 55615
SOLD MAY 28, 2025
$592,000
4 beds
4 baths
834 sq ft
504 Moose Mtn Dr, Tofte, MN 55615
List Price
—
Sale to List
—
Days on Market
—
504 Moose Mtn Dr, Tofte, MN 55615
SOLD MAY 27, 2025
$425,000
3 beds
3 baths
970 sq ft
540 Moose Mtn Dr, Tofte, MN 55615
List Price
—
Sale to List
—
Days on Market
—
540 Moose Mtn Dr, Tofte, MN 55615
SOLD MAY 23, 2025
$592,000 Last Sold Price
4 beds
3.5 baths
2,150 sq ft
504 Moose Mountain Dr #504, Lutsen, MN 55616
List Price
$603,000
Sale to List
2% under list
Days on Market
32 days
504 Moose Mountain Dr #504, Lutsen, MN 55616
SOLD MAY 19, 2025
$492,500
3 beds
3 baths
1,883 sq ft
554 Poplar Riv Rd, Tofte, MN 55615
List Price
—
Sale to List
—
Days on Market
—
554 Poplar Riv Rd, Tofte, MN 55615
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.

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 55612

New Listings in 55612

County Housing Markets

City Housing Markets

Nearby Zip Code Housing Markets

County Listings

City Listings

Nearby Zip Code Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.