The story of this market
The typical home in ZIP 55736 sells for about $235,000, or $115 per square foot.
Homes take about 108 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $690 a month.
ZIP 55736 — Deer River
The housing market in 55736 is characterized by low inventory and slow turnover, typical of a rural, stable community. Prices have seen modest appreciation, but the market remains highly sensitive to local economic conditions and the limited buyer pool. Current conditions reflect a balanced, quiet market with little speculative activity.
This ZIP is best suited for families and individuals seeking affordable rural living, outdoor enthusiasts, and those who prefer a quiet, small-town lifestyle away from major urban centers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 108 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 13.2% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55736, St. Louis County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Floodwood area are generally low, consistent with rural St. Louis County trends.
The area is served by Floodwood School District, which provides small-town educational settings with limited extracurricular variety compared to larger urban districts.
The region faces seasonal risks from heavy winter snowfall and potential spring flooding near the St. Louis River basin.
Economic momentum is modest, driven primarily by local agriculture, forestry, and small-scale service businesses with limited large-scale industrial development.
Property taxes are assessed by St. Louis County based on market value, with rates influenced by local school district levies and municipal service requirements.
Commuting is primarily car-dependent, with residents traveling along Highway 2 or Highway 73 toward Duluth or Grand Rapids for employment.
The area offers extensive access to outdoor recreation, including fishing, hunting, and snowmobile trails, with local parks providing basic community amenities.
The rental market is limited in depth, consisting mostly of single-family homes with low turnover and minimal institutional investor presence.
The local economy is anchored by forestry, agriculture, and small-town retail, with many residents commuting to larger regional hubs for professional employment.
Transportation is entirely reliant on private vehicles, with Highway 2 serving as the primary arterial route for regional connectivity.
There are no major large-scale commercial or residential developments currently approved or under construction in the ZIP code.
St. Louis County Assessor manages property valuations, utilizing a mass appraisal system for annual tax assessments.
Parcels are subject to St. Louis County property taxes and the local Floodwood School District levy.
Property insurance premiums are influenced by rural fire protection ratings and regional weather-related hazard exposure.
Minnesota is a judicial foreclosure state, requiring court action to initiate the foreclosure process.
Sellers are required to provide a written disclosure statement regarding the condition of the property, including known material defects.
Data retrieved from data.census.gov for ZCTA 55736.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community park offering green space and recreational facilities.
Provides access to fishing, boating, and scenic natural views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.