Two Harbors, MN Home Values & Market Trends

Real estate market trends reflect that there have been 191 transactions over the past year in Two Harbors. The median value for residential home transactions that occurred over the previous year is $336,425. The number of current listings in Two Harbors is 129, and the percentage of properties for sale in the city is 129.00%. Two Harbors, MN currently has 5 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 129 properties for sale.

Two Harbors, MN Real Estate Market Overview

ZipMedian Est. Value
55616

$ 336,425

$ 270/sqft

Housing Market Summary for Two Harbors, MN

Sep 2025September 2026Change
Median Listing Price$292.4K$309.4K5.83%
Median Sold Price$232.1K$260.3K12.14%
Homes For Sale8312550.60%
Homes Sold9232-65.22%
Price
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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 Two Harbors, MN

Two Harbors home values range from $24,132 to $1,200,000. The median estimated value of a home in Two Harbors is $336,425. The median list price of a home is 309,450, and the total count of properties in the city is 181.

Foreclosure
There is 1 zips within Two Harbors, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $294,896 in 55616 to the lowest value of $157,731 in 55616. Foreclosure homes account for 2.00% of properties in Two Harbors, MN with 55616 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Two Harbors, 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 Two Harbors, 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 Two Harbors, MN ranges from the highest value of $263,808 in 55616 to the lowest value of $248,542 in 55616. Bank owned homes and properties account for 1.10% of properties in Two Harbors, MN. There is 1 zips within Two Harbors, MN; 55616 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    55616 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Two Harbors, MN. Auction homes and other auction properties account for 1.66% of all properties in Two Harbors, MN. There is 1 zips within Two Harbors, MN; of that zips, the median estimated home value for homes going to auction ranges from $294,896 in 55616 to the lowest value of $157,731 in 55616.
Homes for Sale
Homes and properties that are actively listed for sale account for 71.27% of residential properties in Two Harbors, MN with 55616 containing 129 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Two Harbors, MN; homes for sale in that zips, have a range of median values from $1,200,000 in 55616 to the lowest value of $65,000 in 55616.
    Sold Homes
    The median value for recently sold homes ranges from $685,938 in 55616 to the lowest price of $24,132 in 55616. There is 1 zips within Two Harbors, MN. 55616 has 42 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 23.20% of properties in Two Harbors, MN.

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      Guide for Two Harbors, MN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.