The story of this market
The typical home in ZIP 55746 sells for about $149,000, or $106 per square foot.
Prices are roughly flat from a year ago (-0.67%), a market in balance. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $833 a month.
ZIP 55746 — Hibbing
The Hibbing housing market remains somewhat competitive with a median sale price of $149,000, reflecting a stable but slow-growth environment. Inventory levels are constrained, and the market is primarily driven by local employment in the mining sector. Buyers should expect a balanced market where homes sell in approximately 42 days.
This ZIP is well-suited for families and long-term residents seeking affordable housing options and a quiet, community-oriented lifestyle in a historic mining region.
Median prices moved down 0.7% year over year.
Homes spend a median of 42 days on market with 5.3 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 97.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 15.7% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 55746, 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 Hibbing are generally lower than the national average, with property crime being the most frequently reported incident type.
Public schools in the area are served by Hibbing Public Schools, which provides a range of educational services for the local community.
The area faces standard regional risks including heavy winter snowfall and occasional severe wind events, with flood risks primarily localized to specific low-lying areas.
The local economy is historically anchored by the mining industry, with ongoing efforts to diversify into light manufacturing and regional service sectors.
Property taxes are assessed at the county level by St. Louis County, with rates determined by local school district levies and municipal requirements.
Commuting is primarily car-dependent, with Highway 169 serving as the main arterial route connecting residents to regional employment hubs.
The area features access to numerous outdoor amenities, including local parks, nearby lakes for fishing and boating, and community-focused sports facilities.
The rental market is characterized by steady demand from local workers, with limited new multi-family construction keeping vacancy rates relatively low.
The economy is heavily influenced by the iron ore mining industry, which remains the primary driver of regional employment and economic activity.
Transportation infrastructure is centered on regional highway connectivity, with limited public transit options available for daily commuting.
Development activity is currently focused on infrastructure maintenance and small-scale residential improvements rather than large-scale commercial expansion.
St. Louis County manages property assessments, utilizing a mass appraisal system to determine market values for tax purposes.
Parcels are subject to levies from the Hibbing Independent School District and various local utility and municipal service districts.
Property insurance premiums are influenced by regional weather patterns, including significant winter storm exposure and wildfire risk management.
Data retrieved from US Census Bureau ACS tables for ZCTA 55746.
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.
- Valentini's Supper Club4.511 mi
- Redhead Mountain Bike Park4.910.1 mi
- Bennett Park4.57 mi
- Greyhound Bus Museum4.37.3 mi
- Minnesota Museum of Mining4.610.9 mi
- Hibbing Cinema 84.54.9 mi
- Minnesota Discovery Center4.610.1 mi
- Greyhound Bus Museum4.37.3 mi
- Minnesota Museum of Mining4.610.9 mi
- Redhead Mountain Bike Park4.910.1 mi
- Bennett Park4.57 mi
- Hibbing Dog Park4.47.8 mi
- L&M Fleet Supply4.55.1 mi
- Graysher Shopping Center3.96 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Provides local green space and recreational facilities for residents.
A historic open-pit mine site that serves as a major regional tourist attraction.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
1 county-record distress flag(s) across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).