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Eveleth Auditorium and Fire Department, looking northeast, Eveleth, MinnesotaPhoto: Myotus · CC BY 4.0
Housing in Eveleth

45 homes sold in Eveleth in the last year, at a typical $132K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Eveleth homes are listed.

Homes sold
45
October 2025 to September 2026
Typical sale price
$132K
median, weighted by sales
Price per square foot
$97
Minnesota $189
Paid vs. asking
95.9%
15% sold over asking
For sale now
19
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 0% of Eveleth’s sales, at a typical — (year to May 2026)

45 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 2.7 times the 2016 price

45 sales in the last year, against 60 in 2022 and a low of 21 in 2012. The typical sale went from $50K in 2016 to $132K.

Homes soldTypical sale price
0255075100$50K$100K$150K$200K2012: 21 sold, typical $82K’122013: 28 sold, typical $58K2014: 37 sold, typical $62K’142015: 34 sold, typical $58K2016: 43 sold, typical $50K’162017: 39 sold, typical $72K2018: 46 sold, typical $69K’182019: 41 sold, typical $63K2020: 34 sold, typical $74K’202021: 47 sold, typical $80K2022: 60 sold, typical $97K’222023: 55 sold, typical $112K2024: 37 sold, typical $131K’242025: 53 sold, typical $129KLast 12 months: 45 sold, typical $132KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Eveleth are back to pre-pandemic levels, and more homes are for sale

We read every month of Eveleth’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 45 sales.

If you’re buying in Eveleth

  • Shop in October. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Offer under asking. Buyers paid 95.9% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 10% of homes go under contract within two weeks; the typical one takes 82 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 6 a month), but August is the most competitive: 27% of August sales close over asking. October offers nearly as much choice with fewer homes bid up (17%). December has the least competition (10%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 12% sold over asking, 72 days to sellJFeb: 2 new listings a month, 14% sold over asking, 91 days to sellFMar: 3 new listings a month, 14% sold over asking, 118 days to sellMApr: 3 new listings a month, 13% sold over asking, 104 days to sellAMay: 4 new listings a month, 15% sold over asking, 82 days to sellMJun: 5 new listings a month, 19% sold over asking, 65 days to sellJJul: 6 new listings a month, 24% sold over asking, 61 days to sellJAug: 6 new listings a month, 27% sold over asking, 57 days to sellASep: 5 new listings a month, 22% sold over asking, 60 days to sellSOct: 5 new listings a month, 17% sold over asking, 61 days to sellONov: 4 new listings a month, 11% sold over asking, 63 days to sellNDec: 3 new listings a month, 10% sold over asking, 69 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Minnesota

Eveleth now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price15%13%23%29%
Gone within two weeksShare of homes under contract within 14 days10%2%10%40%
Price paid vs. askingAverage sale price ÷ list price95.9%94.9%95.3%99%
Days to sellMedian days from listing to contract82835838
Supply

15 homes for sale on a typical day

That’s twice the 2020 low (7) and 17% more than in 2017–19.

2012: 11 for sale’122013: 11 for sale2014: 14 for sale2015: 12 for sale’152016: 16 for sale2017: 12 for sale2018: 14 for sale’182019: 13 for sale2020: 7 for sale2021: 10 for sale’212022: 11 for sale2023: 8 for sale2024: 16 for sale’242025: 16 for saleLast 12 months: 15 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Eveleth home costs about $766 a month

Mortgage
Property tax
Insurance
Rent

Price: Eveleth’s typical sale, last 12 months. Property tax at Eveleth’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Eveleth is affordable on local pay is on Cost of living.

Before you buy in Eveleth

Six things worth knowing

6

New listings in July

The month with the most choice. February has the fewest, about 2.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $132K home, about $930 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Eveleth, from test results, graduation and how much students grow.

Schools in Eveleth
20 min

Typical commute

The average one-way trip to work for people who live in Eveleth.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Virginia and Aurora sell for less a square foot; Gilbert and Biwabik for far more

The busier markets within 25 miles of Eveleth, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Hibbing205$159K$10927%50
Virginia119$126K$8715%73
Chisholm64$132K$10223%61
Eveleth45$132K$9715%82
Aurora28$159K$937%72
Biwabik23$167K$1758%25
Gilbert23$145K$12213%60

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Eveleth, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Eveleth. People who follow the town see it, and so do people comparing Eveleth with their own town. No commission, no listing fee.

Questions about buying a home in Eveleth

What do homes sell for in Eveleth, MN?

45 homes sold in the year to September 2026 at a typical $132K, $97 a square foot.

Is Eveleth a buyer’s or seller’s market?

A balanced market: 19 homes were for sale in September 2026 and 3 sold, about 5.1 months of supply. Buyers paid 95.9% of asking on average.

When is the best time to buy in Eveleth?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Eveleth?

About 0.7% of a home’s value a year. On a $132K home that’s near $930.

Where can I see homes for sale in Eveleth?

Zillow, Redfin, Realtor.com and Homes.com all carry Eveleth’s MLS listings; the search links above open each one filtered to Eveleth.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).