House Prices

House Prices & Home Values Soudan, MN 2026


Average Data

average house price$85,000
average size per house1664 ft²
average price per ft²52 $ / ft²

04/15/2026 - The value range (VR) for house prices in Soudan, MN is $51/ sqft to $51/ sqft. An average home with 1664 sqft costs approximately $84,864 to $84,864. Soudan, MN includes 1 ZIP codes and it is located in St. Louis county. The lowest prices are found in ZIP 55782, while the highest are in ZIP 55782. The average price per sqare feet is $52. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Soudan

5578254 $ / ft²




Historical development of home values in Soudan

Year Estimated value (USD) Change vs. 2025
2010 $39,476 -53.6%
2011 $37,949 -55.4%
2012 $37,847 -55.5%
2013 $39,261 -53.8%
2014 $41,214 -51.5%
2015 $43,329 -49.0%
2016 $45,590 -46.4%
2017 $48,051 -43.5%
2018 $50,707 -40.3%
2019 $53,059 -37.6%
2020 $55,801 -34.4%
2021 $63,468 -25.3%
2022 $73,990 -13.0%
2023 $78,025 -8.2%
2024 $82,539 -2.9%
2025 $85,000 0.0%

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



Example: 100% financing house in Soudan

Loan amount: $85,000

Interest rate: 6.00%

Fixed monthly payment: $509.62

Breakdown in the 1st month:
Interest portion: $425.00  –  Principal portion: $84.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,071.61 $1,043.81 $83,956.19
2 $5,007.23 $1,108.19 $82,848.00
3 $4,938.87 $1,176.54 $81,671.46
4 $4,866.31 $1,249.11 $80,422.35
5 $4,789.27 $1,326.15 $79,096.20
6 $4,707.47 $1,407.94 $77,688.26
7 $4,620.63 $1,494.78 $76,193.48
8 $4,528.44 $1,586.98 $74,606.50
9 $4,430.56 $1,684.86 $72,921.64
10 $4,326.64 $1,788.78 $71,132.87
11 $4,216.31 $1,899.10 $69,233.76
12 $4,099.18 $2,016.24 $67,217.52
13 $3,974.82 $2,140.59 $65,076.93
14 $3,842.79 $2,272.62 $62,804.31
15 $3,702.62 $2,412.79 $60,391.52
16 $3,553.81 $2,561.61 $57,829.91
17 $3,395.81 $2,719.60 $55,110.31
18 $3,228.07 $2,887.34 $52,222.97
19 $3,049.99 $3,065.43 $49,157.54
20 $2,860.92 $3,254.49 $45,903.05
21 $2,660.19 $3,455.22 $42,447.82
22 $2,447.08 $3,668.34 $38,779.49
23 $2,220.83 $3,894.59 $34,884.90
24 $1,980.62 $4,134.80 $30,750.10
25 $1,725.59 $4,389.83 $26,360.27
26 $1,454.84 $4,660.58 $21,699.69
27 $1,167.38 $4,948.03 $16,751.66
28 $862.20 $5,253.22 $11,498.44
29 $538.19 $5,577.23 $5,921.22
30 $194.20 $5,921.22 $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 Soudan, MN


1500 sqft3900 sqft
Ø selling price$94,381$200,773
Ø fast selling$85,800$180,695
Ø high price sale$102,961$220,850

In 2026, houses in Soudan, MN will be offered at an average price of $52 per square foot. A 1,500 sqft home priced at $94,381 is 24.22% more expensive per square foot than a 3,900 sqft home priced at $200,773. Home prices in Soudan, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $138,996. Sellers who can wait longer may achieve a higher price of up to $169,884.


Discover Soudan, MN

Overview

Located in northern St. Louis County, Soudan, Minnesota (Soudan, MN) is a historic Iron Range community near Lake Vermilion.

The town is best known for the Soudan Underground Mine, a historic site that showcases the state?s early iron ore heritage.

Today, the mine anchors the expanded Lake Vermilion?Soudan Underground Mine State Park, blending industrial history with pristine Northwoods scenery.

Things to Do

Visitors can explore interpretive exhibits and, when available, guided underground tours that highlight geology, labor history, and mining technology.

Above ground, miles of trails invite hiking, snowshoeing, and wildlife watching among towering pines and rugged bedrock.

Nearby Lake Vermilion offers outstanding fishing, paddling, and scenic boating, with sunsets that reflect across hundreds of forested islands.

Dark skies around Soudan create excellent conditions for stargazing and occasional views of the northern lights.

Plan Your Visit

Soudan sits a short drive from Ely and the Boundary Waters Canoe Area Wilderness, making it a convenient base for Northwoods adventures.

Lodging ranges from lakeside resorts and cabins to campgrounds inside the state park, and small-town eateries serve classic Up North fare.

For the best experience, check park updates, seasonal hours, and trail conditions before you go, and pack layers for Minnesota?s rapidly changing weather.



FAQ – Home Values in Soudan

What is the median home value in Soudan in 2026?

In 2026, the typical home value in Soudan is about $85,000 for an average home size of 1664 square feet. This corresponds to an average price of roughly $52 per square foot.

What is the average cost per square foot in Soudan?

In 2026, homes in Soudan sell for an average of around $52 per square foot, with a typical range between $51 and $51 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 Soudan is about 1664 square feet, with an estimated 2026 value around $85,000.



Locations close to Soudan, MN

Sturgeon Lake, MN129 $ / ft²
Swan River, MN220 $ / ft²
Swatara, MN208 $ / ft²
Side Lake, MN206 $ / ft²
Sawyer, MN238 $ / ft²
Saginaw, MN172 $ / ft²
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