#6672593, Listing Office: eXp Realty
Eveleth Housing Market Report January 2025•Saint Louis County, Minnesota
Housing Prices in Eveleth, MN
How much do homes in Eveleth, MN cost?
Housing Market Conditions
Is Eveleth, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Eveleth is a Seller's Market
Difference Since December 2024
Last month, Eveleth has remained a Seller's Market.
Eveleth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in January 2025
Homes in Eveleth have sold for 40.1% less than they did a month ago.
Summary: The median home sold price in Eveleth was $109,250 in January 2025, down 40.1% from last month, and the median price per square foot was $78.
Median Sold Price By Cities
City | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Virginia | $123K | $188K | +52.8% |
Eveleth | $182.4K | $109.2K | -40.1% |
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $92.5K | $87.5K | -5.4% |
33 Bedrooms | $193K | $131K | -32.1% |
44 Bedrooms | $378.7K | - | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Eveleth housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -5.4%. The home price for 3 bedroom homes decreased by -32.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Eveleth, MN
How many homes are available in Eveleth, MN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthJan 2025 | ||
222 months agoDec 2024 | -27.3 % Change MoMDec – Jan |
Summary: The Eveleth real estate market had 16 homes for sale in Jan 2025, a 27.3 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthJan 2025 | ||
72 months agoDec 2024 | -14.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
44 Bedrooms | 2 | 0 | -100.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
22 Bedrooms | 6 | 4 | -33.3% |
33 Bedrooms | 11 | 9 | -18.2% |
Summary: Eveleth housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -18.2%.
Asking Price vs. Sold Price
How much do homes in Eveleth, MN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price6 Homes
If you're buying a home in Eveleth, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Eveleth in January 2025, down by 14.3% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Eveleth, MN
How long does it take to sell a home in Eveleth, MN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days4 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in Eveleth has remained consistent over time.
Summary: During January 2025, 6 homes were sold in Eveleth; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
54 DaysLast MonthJan 2025 | ||
61 Days1 month agoDec 2024 | -11.4 % Change MoMDec – Jan |
Summary: Homes in Eveleth had an average listing age of 54 days in Jan 2025, down by 11.4% compared to the previous month.
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Newest Listings in Eveleth, MN
What homes are available in Eveleth, MN?
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MLS Disclaimers and Copyright
Based on information from Lake Superior Area MLS, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 12/01/2024 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 6:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.