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GRAND RAPIDS, MN 55744

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The GRAND RAPIDS, MN real estate market (55744) currently shows 49 active listings, with 14 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 77 days on market compared to 84 days last year.

The median listing price has risen 45.5% year-over-year, from $287,500 to $418,425.

Whether you are buying or selling in GRAND RAPIDS, 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: 20,207  ·  Density: 32.6/mi²  ·  Median household income: $64,158

Typical home value: $216,881  ·  Homeownership: 75.4%

Market Overview

Active Listings
49
⇧ 14% vs 43 last year
Pending
14
29% pending ratio
Median Price
$418,425
⇧ 45.5% vs $287,500 last year
Average Price
$449,207
⇧ 2.5% vs $438,449 last year
Days on Market
77
⇩ 8.3% vs 84 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 18.1% vs $160/sqft last year
Median Home Size
2,145 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 49 this year vs 43 last year
  • Days on market: 77 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $418,425 (+45.5% YoY)
  • Average: $449,207 (+2.5% 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 35.1 miles — 120 listings ($41,367,527 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55744Grand Rapids, MN 557440.0 mi50$21,678,650$393,000$433,573
55721Cohasset, MN 557218.3 mi5$1,882,250$351,200$376,450
55716Calumet, MN 5571613.2 mi1$178,450$178,450$178,450
55793Warba, MN 5579313.5 mi1$324,900$324,900$324,900
55775Pengilly, MN 5577517.1 mi6$3,336,000$524,500$556,000
55784Swan River, MN 5578419.7 mi1$329,900$329,900$329,900
55752Jacobson, MN 5575222.8 mi2$1,548,900$774,450$774,450
55753Keewatin, MN 5575323.2 mi3$292,500$97,500$97,500
55785Swatara, MN 5578524.1 mi1$729,000$729,000$729,000
55746Hibbing, MN 5574627.4 mi44$9,087,892$174,150$206,543
56628Bigfork, MN 5662832.0 mi5$1,629,085$277,500$325,817
56626Bena, MN 5662632.7 mi1$350,000$350,000$350,000
56641Federal Dam, MN 5664135.1 mi0$0$350,000$350,000

Frequently Asked Questions

How many homes are for sale in GRAND RAPIDS, MN 55744?

As of February 2026, there are 49 active listings in GRAND RAPIDS, MN (zip code 55744), compared to 43 the prior year.

What is the median home price in GRAND RAPIDS, MN 55744?

The median listing price in GRAND RAPIDS, MN 55744 is $418,425 as of February 2026, a 45.5% increase from $287,500 the prior year.

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

Homes in GRAND RAPIDS, MN 55744 spend an average of 77 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in GRAND RAPIDS, MN 55744?

Based on current inventory and days-on-market data as of February 2026, GRAND RAPIDS, MN 55744 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 77 days on market compared to 84 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GRAND RAPIDS, MN 55744 save an estimated $8,369 compared to a typical 5% commission on the median listing price of $418,425. 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.