Housing Prices in Lutsen, MN

How much do homes in Lutsen, MN cost?

Median List Price

$554,950

$475/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$189,500(-25.5%)

Key Takeaway

The list price of homes in Lutsen has decreased by 25.5% since March.

Summary: The median home list price in Lutsen was $554,950 in April 2024, down 25.5% from the previous month, and the median price per square foot was $475.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$399.9K
N/A
2 $899K$899K
0.0%
3 $589.9K$554.9K
-5.9%
4 --
N/A
5+ --
N/A

Summary: Lutsen housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lutsen, MN

How many homes are available in Lutsen, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
24+100.0%

Summary: The Lutsen real estate market had 4 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 12
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Lutsen housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Lutsen, MN

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

Average Listing Age

Mar 2024Apr 2024CHANGE
121 Days71 Days-40.7%

Summary: Homes in Lutsen had an average listing age of 71 days in Apr 2024, down by 40.7% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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