Crane Lake, MN 55725 housing market

Data through Sep 2026 · Balanced market · leverage 24

Buyer Leverage Score

Sep 2026

Months of Supply

4.8 months

Aug 2026

Days on Market

44 days

Sep 2026

Price Cut %

0.0%

Sep 2026

Sale-to-List Ratio

93.2%

Aug 2026

Expected Disaster Loss

$119

Dec 2025

What this means

Supply. Listings are 71% below the 2017-19 norm: still a tight market.
Negotiating. Buyer leverage is low (24/100; U.S.: 54): homes sell for about 6.8% below their final list price; 0% of listings had a price cut (U.S.: 26%).
Disaster risk. FEMA expects about $119 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.

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Area	Home value	1-year change	Buyer leverage
Hermantown, MN 55811	$359.8K	+5.3%	26
Duluth, MN 55803	$360.4K	+5.9%	15
Hibbing, MN 55746	$164K	+6.2%	32
Duluth, MN 55804	$363.9K	+6.8%	9
Duluth, MN 55812	$350.6K	+1.6%	37
Duluth, MN 55805	$225.1K	+4.1%	5
Duluth, MN 55807	$216.7K	+5.8%	24
Virginia, MN 55792	$143.2K	+4.3%	60
Duluth, MN 55806	$214.9K	+4.4%	17
Hermantown, MN 55810	$305.4K	+7.6%	10
Eveleth, MN 55734	$169.6K	+6.5%	67
Duluth, MN 55808	$225K	+6.0%	38
Chisholm, MN 55719	$138.3K	+5.4%	43
Saginaw, MN 55779	$353.3K	+7.9%	2
Aurora, MN 55705	$162.6K	+4.4%	44
Mountain Iron, MN 55768	$211.9K	+7.0%	87
Gilbert, MN 55741	$186.3K	+8.8%	62
Duluth, MN 55802	$478K	+4.8%	22
Hoyt Lakes, MN 55750	$130.1K	+4.0%	36
Cook, MN 55723	$250.5K	+7.0%	69
Tower, MN 55790	$367.6K	+8.7%	76
Babbitt, MN 55706	$151.5K	+6.7%	20
Orr, MN 55771	$221.7K	+7.5%	61
Embarrass, MN 55732	$206.2K	+10.0%	45
Iron, MN 55751	$237.7K	+6.3%	0
Mountain Iron, MN 55710	$268K	+5.1%	55
Floodwood, MN 55736	$181.6K	+10.7%	62
Buhl, MN 55713	$133.7K	+7.3%	11
Aurora, MN 55708	$130.9K	+2.8%	6
Angora, MN 55703	$206.4K	+6.0%	66
Meadowlands, MN 55765	$182.4K	+16.1%	70
Cotton, MN 55724	$226.7K	+10.2%	11
Forbes, MN 55738	$200.9K	+7.0%	82
Brookston, MN 55711	$209.7K	+3.8%	12
Makinen, MN 55763	$222.7K	+11.4%	83
Ely, MN 55782	$131.2K	+7.8%	80
Alborn, MN 55702	$249K	+4.6%	26
Brimson, MN 55602	$193.6K	+8.9%	80
ZIP 55814	–	–	–
Canyon, MN 55717	$262.7K	+6.3%	33
Kinney, MN 55758	–	–	2