55606 Housing Market Report May 2025•Cook County, Minnesota

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Housing Prices in 55606, MN

How much do homes in 55606, MN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$507,450$427/SqFt
-$442,050
-46.6%

Based on all homes listed in May 2025

Insight

The list price of homes in 55606 has decreased by 46.6% since April.

Summary: The median home list price in 55606 was $507,450 in May 2025, down 46.6% from the previous month, and the median price per square foot was $427.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1--
N/A
2$649.9K$507.4K
-21.9%
3$949.5K-
N/A
4--
N/A
5--
N/A

Summary: 55606 housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -21.9%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 55606, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

55606, MN

Housing supply in 55606, MN

How many homes are available in 55606, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthMay 2025
32 months agoApr 2025
-33.3 %
Change MoMApr – May

Summary: The 55606 real estate market had 2 homes for sale in May 2025, a 33.3 % decrease compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
212
+100.0%
320
-100.0%
400
0.0%
500
0.0%

Summary: 55606 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 55606, MN

How long does it take to sell a home in 55606, MN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
27 DaysLast MonthMay 2025
161 Days1 month agoApr 2025
-82.9 %
Change MoMApr – May

Summary: Homes in 55606 had an average listing age of 27 days in May 2025, down by 82.9% compared to the previous month.

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Newest Listings in 55606, MN

What homes are available in 55606, MN?

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MLS Disclaimers and Copyright

Based on information from Lake Superior Area MLS, for the period 04/01/2025 - 06/01/2025

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/17/2025, 12:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.