House Prices

House Prices & Home Values Makinen, MN 2026


Average Data

average house price$159,408
average size per house1859 ft²
average price per ft²86 $ / ft²

04/04/2026 - The value range (VR) for house prices in Makinen, MN is $101/ sqft to $101/ sqft. An average home with 1859 sqft costs approximately $187,759 to $187,759. Makinen, MN includes 1 ZIP codes and it is located in St. Louis county. The lowest prices are found in ZIP 55763, while the highest are in ZIP 55763. The average price per sqare feet is $86. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Makinen

55763101 $ / ft²




Historical development of home values in Makinen

Year Estimated value (USD) Change vs. 2025
2010 $74,032 -53.6%
2011 $71,169 -55.4%
2012 $70,978 -55.5%
2013 $73,630 -53.8%
2014 $77,292 -51.5%
2015 $81,259 -49.0%
2016 $85,499 -46.4%
2017 $90,114 -43.5%
2018 $95,096 -40.3%
2019 $99,505 -37.6%
2020 $104,649 -34.4%
2021 $119,027 -25.3%
2022 $138,759 -13.0%
2023 $146,328 -8.2%
2024 $154,793 -2.9%
2025 $159,408 0.0%

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



Example: 100% financing house in Makinen

Loan amount: $159,408

Interest rate: 6.00%

Fixed monthly payment: $955.73

Breakdown in the 1st month:
Interest portion: $797.04  –  Principal portion: $158.69

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,511.23 $1,957.55 $157,450.45
2 $9,390.49 $2,078.29 $155,372.16
3 $9,262.31 $2,206.47 $153,165.69
4 $9,126.22 $2,342.56 $150,823.13
5 $8,981.73 $2,487.04 $148,336.09
6 $8,828.34 $2,640.44 $145,695.65
7 $8,665.48 $2,803.30 $142,892.35
8 $8,492.58 $2,976.20 $139,916.15
9 $8,309.01 $3,159.76 $136,756.39
10 $8,114.13 $3,354.65 $133,401.74
11 $7,907.22 $3,561.56 $129,840.18
12 $7,687.55 $3,781.23 $126,058.96
13 $7,454.33 $4,014.45 $122,044.51
14 $7,206.73 $4,262.05 $117,782.46
15 $6,943.86 $4,524.92 $113,257.54
16 $6,664.77 $4,804.01 $108,453.53
17 $6,368.47 $5,100.31 $103,353.22
18 $6,053.89 $5,414.88 $97,938.34
19 $5,719.91 $5,748.86 $92,189.48
20 $5,365.34 $6,103.44 $86,086.04
21 $4,988.89 $6,479.89 $79,606.15
22 $4,589.23 $6,879.55 $72,726.60
23 $4,164.91 $7,303.87 $65,422.73
24 $3,714.42 $7,754.35 $57,668.37
25 $3,236.15 $8,232.63 $49,435.75
26 $2,728.38 $8,740.40 $40,695.35
27 $2,189.29 $9,279.49 $31,415.87
28 $1,616.95 $9,851.82 $21,564.04
29 $1,009.32 $10,459.46 $11,104.58
30 $364.20 $11,104.58 $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 Makinen, MN


1500 sqft3900 sqft
Ø selling price$156,090$332,046
Ø fast selling$141,900$298,842
Ø high price sale$170,280$365,251

In 2026, houses in Makinen, MN will be offered at an average price of $86 per square foot. A 1,500 sqft home priced at $156,090 is 22.84% more expensive per square foot than a 3,900 sqft home priced at $332,046. Home prices in Makinen, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $229,879. Sellers who can wait longer may achieve a higher price of up to $280,963.


Makinen, MN Travel and Community Guide

Overview

Makinen, Minnesota is a small unincorporated community in St. Louis County known for its quiet Northwoods character.
Surrounded by forests, lakes, and winding county roads, Makinen, MN offers a peaceful base for exploring northeastern Minnesota.

Outdoor Recreation

Outdoor enthusiasts visit for year-round outdoor recreation including hiking, fishing, paddling, hunting, and snowmobiling on nearby trails and waterways.
The area?s glacial lakes and mixed pine?birch forests provide excellent wildlife viewing and autumn colors that attract photographers.
Proximity to vast public lands and state forests gives visitors ample room to camp, portage, and stargaze under dark skies.

History and Community

Rooted in logging and homesteading heritage, Makinen reflects the Iron Range?s resilient culture and close-knit rural lifestyle.
Local gatherings, seasonal festivals, and volunteer-run services reinforce a strong sense of community in this northern Minnesota locale.

Getting There and Amenities

Travelers typically reach Makinen by regional highways from Duluth and the Twin Ports area, then continue on scenic county routes.
Lodging options nearby range from rustic cabins and campgrounds to small inns, with essential supplies available in larger neighboring towns.
Whether you?re researching real estate, planning a weekend fishing trip, or seeking quiet cabin time, Makinen, MN delivers authentic Northwoods serenity.



FAQ – Home Values in Makinen

What is the median home value in Makinen in 2026?

In 2026, the typical home value in Makinen is about $159,408 for an average home size of 1859 square feet. This corresponds to an average price of roughly $86 per square foot.

What is the average cost per square foot in Makinen?

In 2026, homes in Makinen sell for an average of around $86 per square foot, with a typical range between $101 and $101 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 Makinen is about 1859 square feet, with an estimated 2026 value around $159,408.



Locations close to Makinen, MN

Marble, MN75 $ / ft²
Meadowlands, MN104 $ / ft²
Melrude, MN91 $ / ft²
Mcgregor, MN104 $ / ft²
Kinney, MN58 $ / ft²
Kettle River, MN80 $ / ft²
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