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ZIP 55616 in Two Harbors, MN: housing market trends

The median home sale price in ZIP 55616 in Two Harbors, MN was $232,432 for the three-month period ending September 2026. Sale prices were 14.7% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$232,432
three-month period ending September 2026
Median sale price per sq ft
$139.94
three-month period ending September 2026
Active listings
85
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 85 active listings for the three-month period ending September 2026. Active listings were 19.8% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 47 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 55616 in Two Harbors, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$232,432$139.9427
Single-familySeptember 2026$259,934$165.2816
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$71,498$59.9810
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 55616 in Two Harbors, MN
MarketMedian sale priceReporting period / source
Brimson, MNUnavailableMonth ending unavailable date · Zillow
Two Harbors, MN$239,8863 months ending September 2026 · Redfin
Beaver Bay, MN$159,9243 months ending September 2026 · Redfin
Silver Bay, MN$154,9263 months ending September 2026 · Redfin
Knife River, MN$584,7223 months ending September 2026 · Redfin
Finland, MN$202,4043 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 55616 in Two Harbors, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$232,432$139.9485
August 2026$261,000$169.6083
July 2026$270,000$184.7873
June 2026$300,000$169.6083
May 2026$280,000$163.1883
April 2026$227,000$158.4968
March 2026$279,000$181.3258
February 2026$340,000$176.5561
January 2026$409,000$213.6173
December 2025$388,000$219.2094
November 2025$341,000$237.43102
October 2025$318,750$217.71110
September 2025$272,450$172.31106
August 2025$270,000$210.2999
July 2025$312,000$210.29100
June 2025$329,876$210.2985
May 2025$323,500$203.7586
April 2025$236,000$183.3876
March 2025$236,000$184.8475
February 2025$240,000$166.1956
January 2025$260,000$170.8160
December 2024$283,000$218.7565
November 2024$277,500$228.5269
October 2024$350,000$234.8967

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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