Eveleth, MN Home Values & Market Trends

Real estate market trends reflect that there have been 100 transactions over the past year in Eveleth. The median value for residential home transactions that occurred over the previous year is $135,011.41. The number of current listings in Eveleth is 7, and the percentage of properties for sale in the city is 7.00%. Eveleth, MN currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 7 properties for sale.

Eveleth, MN Real Estate Market Overview

ZipMedian Est. Value
55734

$ 160,066

$ 96/sqft

Housing Market Summary for Eveleth, MN

Apr 2023March 2024Change
Median Listing Price$245K$135.8K-44.57%
Median Sold Price$107.2K$135.8K26.62%
Homes For Sale4525.00%
Homes Sold6654-18.18%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Eveleth, MN

Eveleth home values range from $21,334 to $1,291,578. The median estimated value of a home in Eveleth is $135,011.41. The median list price of a home is 194,000, and the total count of properties in the city is 2,920.

Foreclosure
There is 1 zips within Eveleth, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $188,521 in 55734 to the lowest value of $81,714 in 55734. Foreclosure homes account for 0.00% of properties in Eveleth, MN with 55734 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Eveleth, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Eveleth, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Eveleth, MN ranges from the highest value of $188,521 in 55734 to the lowest value of $188,521 in 55734. Bank owned homes and properties account for 0.03% of properties in Eveleth, MN. There is 1 zips within Eveleth, MN; 55734 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    55734 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Eveleth, MN. Auction homes and other auction properties account for 0.10% of all properties in Eveleth, MN. There is 1 zips within Eveleth, MN; of that zips, the median estimated home value for homes going to auction ranges from $130,114 in 55734 to the lowest value of $81,714 in 55734.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in Eveleth, MN with 55734 containing 7 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Eveleth, MN; homes for sale in that zips, have a range of median values from $785,960 in 55734 to the lowest value of $37,751 in 55734.
    Sold Homes
    The median value for recently sold homes ranges from $642,567 in 55734 to the lowest price of $32,242 in 55734. There is 1 zips within Eveleth, MN. 55734 has 50 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.71% of properties in Eveleth, MN.

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      Guide for Eveleth, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes Eveleth, MN

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