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CARLTON, MN 55718

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CARLTON, MN real estate market (55718) currently shows 5 active listings, with 3 pending sales. Homes are averaging 98 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 98 days on market compared to 87 days last year.

The median listing price has risen 76.9% year-over-year, from $248,650 to $439,900.

Whether you are buying or selling in CARLTON, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,125  ·  Density: 20.0/mi²  ·  Median household income: $85,677

Typical home value: $249,347  ·  Homeownership: 84.3%

Market Overview

Active Listings
5
⇧ 25% vs 4 last year
Pending
3
60% pending ratio
Median Price
$439,900
⇧ 76.9% vs $248,650 last year
Average Price
$439,900
⇧ 76.9% vs $248,650 last year
Days on Market
98
⇧ 12.6% vs 87 days last year

Price Per Square Foot

Median $/sqft
$207
⇩ 21.3% vs $263/sqft last year
Median Home Size
2,049 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 4 last year
  • Days on market: 98 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $439,900 (+76.9% YoY)
  • Average: $439,900 (+76.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.0 miles — 118 listings ($44,575,674 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55718Carlton, MN 557180.0 mi7$2,816,975$437,400$402,425
55720Cloquet, MN 557209.1 mi30$11,641,560$299,500$388,052
55808Duluth, MN 5580812.4 mi9$3,157,947$220,000$350,883
55810Duluth, MN 5581013.6 mi15$3,386,700$224,999$225,780
55807Duluth, MN 5580716.8 mi16$4,437,440$244,450$277,340
55767Moose Lake, MN 5576717.9 mi6$1,674,840$327,000$279,140
54836Foxboro, WI 5483619.3 mi1$272,500$272,500$272,500
55806Duluth, MN 5580619.6 mi7$1,312,150$187,450$187,450
55802Duluth, MN 5580221.0 mi8$6,199,736$850,000$774,967
55757Kettle River, MN 5575722.7 mi4$2,071,868$599,900$517,967
55812Duluth, MN 5581223.3 mi10$5,799,290$550,000$579,929
55702Alborn, MN 5570225.1 mi1$250,000$250,000$250,000
54874South Range, WI 5487426.0 mi4$1,554,668$385,000$388,667

Frequently Asked Questions

How many homes are for sale in CARLTON, MN 55718?

As of February 2026, there are 5 active listings in CARLTON, MN (zip code 55718), compared to 4 the prior year.

What is the median home price in CARLTON, MN 55718?

The median listing price in CARLTON, MN 55718 is $439,900 as of February 2026, a 76.9% increase from $248,650 the prior year.

How long do homes stay on the market in CARLTON, MN?

Homes in CARLTON, MN 55718 spend an average of 98 days on the market before going under contract, compared to 87 days the prior year.

Is it a seller's or buyer's market in CARLTON, MN 55718?

Based on current inventory and days-on-market data as of February 2026, CARLTON, MN 55718 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 98 days on market compared to 87 days last year.

How much can I save on real estate commission in CARLTON, MN?

With SELL123.com's maximum 3% commission, sellers in CARLTON, MN 55718 save an estimated $8,798 compared to a typical 5% commission on the median listing price of $439,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.