Is Mountain Iron, MN 55768 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mountain Iron is a seller’s market. With about 2.9 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.9Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list93.8%Sold price ÷ list price

Median days on market43Listing to accepted offer

Median price per sq ft$145▲ +8.9% vs. last year

Run the numbers for 55768

Prefilled for 55768Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55768Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alborn 55702 — /sq ft Angora 55703Buyer’s market $121 /sq ft Aurora 55705Balanced $129 /sq ft Babbitt 55706Seller’s market $91 /sq ft Browse all markets →

More tools for 55768

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology