Grand Portage, MN 55605 housing market
Data through Sep 2026 · Seller's market · leverage 31
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Buyer Leverage Score
31
Dec 2016
Months of Supply
3.1 months
Dec 2016
Days on Market
7 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
87.0%
Jan 2025
Expected Disaster Loss
$107
Dec 2025
What this means
- Negotiating. Buyer leverage is low (31/100; U.S.: 54) (as of Dec 2016): homes sell for about 13.0% below their final list price (as of Jan 2025); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $107 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Cook County, MN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Grand Marais, MN 55604 | $428.1K | +4.5% | 44 |
| Lutsen, MN 55612 | $514.2K | +5.3% | 39 |
| Tofte, MN 55615 | $459K | +6.0% | 43 |
| Schroeder, MN 55613 | – | – | 16 |
| Hovland, MN 55606 | $358.9K | −0.8% | 79 |