House Prices

House Prices & Home Values Lutsen, MN 2026


Average Data

average house price$70,000
average size per house420 ft²
average price per ft²167 $ / ft²

04/16/2026 - The value range (VR) for house prices in Lutsen, MN is $167/ sqft to $167/ sqft. An average home with 420 sqft costs approximately $70,140 to $70,140. Lutsen, MN includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 55612, while the highest are in ZIP 55612. The average price per sqare feet is $167. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Lutsen

55612162 $ / ft²




Historical development of home values in Lutsen

Year Estimated value (USD) Change vs. 2025
2010 $32,509 -53.6%
2011 $31,252 -55.4%
2012 $31,168 -55.5%
2013 $32,333 -53.8%
2014 $33,941 -51.5%
2015 $35,683 -49.0%
2016 $37,545 -46.4%
2017 $39,571 -43.5%
2018 $41,759 -40.3%
2019 $43,695 -37.6%
2020 $45,954 -34.4%
2021 $52,268 -25.3%
2022 $60,933 -13.0%
2023 $64,256 -8.2%
2024 $67,974 -2.9%
2025 $70,000 0.0%

Graph: estimated home values in Lutsen over time (USD)



Example: 100% financing house in Lutsen

Loan amount: $70,000

Interest rate: 6.00%

Fixed monthly payment: $419.69

Breakdown in the 1st month:
Interest portion: $350.00  –  Principal portion: $69.69

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,176.62 $859.61 $69,140.39
2 $4,123.60 $912.63 $68,227.76
3 $4,067.31 $968.92 $67,258.85
4 $4,007.55 $1,028.68 $66,230.17
5 $3,944.10 $1,092.12 $65,138.05
6 $3,876.74 $1,159.48 $63,978.57
7 $3,805.23 $1,231.00 $62,747.57
8 $3,729.30 $1,306.92 $61,440.65
9 $3,648.69 $1,387.53 $60,053.12
10 $3,563.11 $1,473.11 $58,580.01
11 $3,472.26 $1,563.97 $57,016.04
12 $3,375.79 $1,660.43 $55,355.61
13 $3,273.38 $1,762.84 $53,592.77
14 $3,164.65 $1,871.57 $51,721.20
15 $3,049.22 $1,987.00 $49,734.19
16 $2,926.67 $2,109.56 $47,624.63
17 $2,796.55 $2,239.67 $45,384.96
18 $2,658.41 $2,377.81 $43,007.15
19 $2,511.76 $2,524.47 $40,482.68
20 $2,356.05 $2,680.17 $37,802.51
21 $2,190.75 $2,845.48 $34,957.03
22 $2,015.24 $3,020.98 $31,936.05
23 $1,828.92 $3,207.31 $28,728.74
24 $1,631.10 $3,405.13 $25,323.61
25 $1,421.07 $3,615.15 $21,708.46
26 $1,198.10 $3,838.12 $17,870.34
27 $961.37 $4,074.85 $13,795.48
28 $710.04 $4,326.18 $9,469.30
29 $443.22 $4,593.01 $4,876.30
30 $159.93 $4,876.30 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lutsen, MN


1500 sqft3900 sqft
Ø selling price$303,105$644,787
Ø fast selling$275,550$580,309
Ø high price sale$330,660$709,266

In 2026, houses in Lutsen, MN will be offered at an average price of $167 per square foot. A 1,500 sqft home priced at $303,105 is 22.31% more expensive per square foot than a 3,900 sqft home priced at $644,787. Home prices in Lutsen, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $446,392. Sellers who can wait longer may achieve a higher price of up to $545,590.


Discover Lutsen, MN

Lutsen, MN is a scenic North Shore destination on Lake Superior known for year-round adventure. Visitors flock to Lutsen Mountains for the Midwest?s largest ski area with groomed runs and glade terrain. In summer, the alpine slide and gondola offer sweeping views of Lake Superior and the Sawtooth Mountains.


Outdoor Adventures on the North Shore

Hikers access the Superior Hiking Trail, Oberg Mountain Loop, and Cascade River State Park for waterfalls and ridge vistas. Paddlers and anglers enjoy nearby inland lakes and the Temperance River, with chances to spot moose and eagles. In fall, brilliant North Shore foliage makes Lutsen one of Minnesota?s top leaf-peeping destinations.


Lodging, Dining, and Trip Planning

Cozy resorts, cabins, and vacation rentals line the shoreline, many with fireplaces, hot tubs, and beach access. After a day outside, travelers refuel at local eateries serving fresh-caught fish, craft beer, and North Woods fare. Lutsen is easily reached via Highway 61 from Duluth, and winter visitors should book lift tickets and lodging early. For a relaxing getaway, time your visit midweek, check trail and weather conditions, and enjoy stargazing over the big lake.



FAQ – Home Values in Lutsen

What is the median home value in Lutsen in 2026?

In 2026, the typical home value in Lutsen is about $70,000 for an average home size of 420 square feet. This corresponds to an average price of roughly $167 per square foot.

What is the average cost per square foot in Lutsen?

In 2026, homes in Lutsen sell for an average of around $167 per square foot, with a typical range between $167 and $167 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lutsen is about 420 square feet, with an estimated 2026 value around $70,000.



Locations close to Lutsen, MN

Schroeder, MN152 $ / ft²
Silver Bay, MN166 $ / ft²
Tofte, MN159 $ / ft²
Knife River, MN129 $ / ft²
Isabella, MN90 $ / ft²
Hovland, MN291 $ / ft²
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