Tower Housing Market Report February 2025Saint Louis County, Minnesota

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Housing Prices in Tower, MN

How much do homes in Tower, 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.
$399,200$327/SqFt
-$92,800
-18.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Tower has decreased by 18.9% since last year.

Summary: The median home list price in Tower was $399,200 in February 2025, down 18.9% from the previous year, and the median price per square foot was $327.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Breitung Township
+132.4%
Greenwood Township
-16.2%
Tower
-18.9%

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.
BedsFeb 2024Feb 2025Change YoY
1$298K$124.9K
-58.1%
2$565K$475K
-15.9%
3$624K$445K
-28.7%
4$548.5K$130K
-76.3%
5-$1.4M
N/A

Summary: Tower housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -58.1%. The home price for 2 bedroom homes decreased by -15.9%. The home price for 3 bedroom homes decreased by -28.7%. The home price for 4 bedroom homes decreased by -76.3%. The home price for 5 bedroom homes did not change.

How does Tower, MN compare with other places?

Market comparison tool

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

Tower, MN

Housing supply in Tower, MN

How many homes are available in Tower, 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
18Last MonthFeb 2025
172 months agoJan 2025
+5.9 %
Change MoMJan – Feb

Summary: The Tower real estate market had 18 homes for sale in Feb 2025, a 5.9 % increase compared to Jan 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.
BedsJan 2025Feb 2025Change MoM
133
0.0%
299
0.0%
355
0.0%
400
0.0%
501
+100.0%

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

Days on Market for Tower, MN

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
155 DaysThis YearFeb 2025
387 Days1 year agoFeb 2024
-59.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Tower had an average listing age of 155 days in Feb 2025, down by 59.9% compared to the previous year.

Newest Listings in Tower, MN

What homes are available in Tower, MN?

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Lake Superior Area MLS for the period 03/01/2023 - 03/01/2025

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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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DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:52:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/14/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.