The story of this market
The typical home in St. Louis County, Minnesota sells for about $289,152, or $215 per square foot.
Prices are down 4.5% from a year ago, which gives buyers more room to negotiate. Homes take about 23 days to sell, which is fast. Over the long run, values in this county have grown 121% since 2000. Last year 50 of 70 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is lightning, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,207 a month.
HUD sets the fair market rent for a 2-bedroom at $1,207 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+0.4%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+11.9%). Worst: 2010 (-2.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,671
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+0.4%
2025 change
FHFA repeat-sales index, median of 70 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
37
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $112,408,363.
Mortgage activity
Home lending in this county
82%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 7603 | 4545 | 82% | 6.6% | $155,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
St. Louis County, Minnesota
The St. Louis County housing market is experiencing a cooling trend with median sale prices declining 4.5% year-over-year. While inventory remains available, the market is seeing a shift in demand dynamics as reflected in the recent price adjustments.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 26 cities · 44 ZIP reports
Median prices moved up 5.1% year over year.
Homes spend a median of 47 days on market with 0.2 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 23.86% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 11.2% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 40 researched ZIP reports of 44 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
St. Louis County, Minnesota — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 7, 2026.
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| 55705 | Aurora | $184,578 | $287 | — | 82 | 100% | 35.5% | — | 121 | $507 | researched Sep 23 |
| 55706 | Babbitt | $184,578 | $287 | — | 82 | — | 35.5% | — | 121 | $737 | researched Sep 23 |
| 55707 | Barnum | $372,450 | $226 | +11.6% | 42 | 100% | 18% | 3 | 752 | $920 | researched Sep 23 |
| 55708 | Bigfork | $140,000 | $216 | +22.6% | 37 | 96% | — | — | 10 | $827 | researched Sep 23 |
| 55710 | Britt | $319,000 | — | — | 57 | — | — | — | 14 | $1,207 | researched Sep 23 |
| 55711 | Brookston | $192,200 | — | — | — | — | — | — | 7 | $950 | researched Sep 23 |
| 55713 | Buhl | $334,000 | $186 | +5.9% | 20 | 100% | 18% | 1.5 | 752 | $1,043 | researched Sep 23 |
| 55717 | Canyon | $495,000 | $677 | +6.3% | 1 | 100% | — | 1 | 1 | $1,200 | researched Sep 23 |
| 55718 | Carlton | $391,150 | $226 | +5.9% | 42 | 98% | 18% | 1 | 8 | $955 | researched Sep 23 |
| 55719 | Chisholm | $215,000 | $142 | +2.1% | 68 | 97.5% | 12% | 5.2 | 42 | $731 | researched Sep 23 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
- Fortune Bay Resort Casino45.7 mi
- Grand Ely Lodge Resort & Event Center4.626.1 mi
- Northern Grounds4.625.6 mi
- Valentini's Supper Club4.529.7 mi
- Giants Ridge Recreation Area4.611.6 mi
- Lake Vermilion-Soudan Underground Mine State Park4.97.9 mi
- The Wilderness at Fortune Bay4.65.7 mi
- Olcott Park4.617 mi
- Cinema 6 Theatre4.418.3 mi
- North American Bear Center4.824.6 mi
- United States Hockey Hall of Fame4.720.1 mi
- Dorothy Molter Museum4.727 mi
- Giants Ridge Recreation Area4.611.6 mi
- Bear Head Lake State Park4.813.9 mi
- Lake Vermilion-Soudan Underground Mine State Park4.97.9 mi
- Iron Range Off-Highway Vehicle State Recreation Area4.818.2 mi
- Olcott Park4.617 mi
- Timber Bay Lodge & Houseboats4.720.5 mi
- Giants Ridge Recreation Area4.611.6 mi
- Fortune Bay Resort Casino45.7 mi
- The Wilderness at Fortune Bay4.65.7 mi
- The Quarry at Giants Ridge4.514.2 mi
- Virginia Golf Course416.6 mi
- L&M Fleet Supply4.518.2 mi
- Uptown Virginia3.518.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
data.census.gov
applies when — Property containing a homestead subject to foreclosure
The mortgagor has the right to designate a portion of the property as a homestead to be sold and redeemed separately, provided it conforms to local zoning and is compact.
Minnesota Statutes 582.041
applies when — Parcels designated as condominium units
Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units.
Minnesota Statutes 515A.1-105
Allows non-judicial foreclosure. Requires notice of sale to be mailed to the mortgagor at least 14 days before the sale date and published in a newspaper. Mortgagors have specific redemption rights following the sale.
Minnesota Statutes Chapter 580
Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.25% for value exceeding $500,000.
2021 Classification Rate Table, Minnesota Department of Revenue
≈ $2,892/yr on a $289,152 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.