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market report · 55604
Grand Marais, MN · 55604
28 active listings$489,450 median ask$2,085 est. rent0.4% price/rent
$489,450
Median list price
$2,085/mo
Estimated rent
0.4%
Price / rent ratio
28
Listings
FHFA home price index · 2016–2025
72.1% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.32
Median rent / sqft
19 comps
$465.71
Median sold / sqft
19 comps
—
Walkability
4.6%
Area unemployment
BLS LAUS
Median household income $73,427 · median home value $352,500 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 68).
top deals · highest rent-to-price
760 Caspers Hill Rd, Grand Marais, MN 55604
Grand Marais, MN
$300,000$1,626/mo0.5%
465 S Gunflint Lk, Grand Marais, MN 55604
Grand Marais, MN
$420,000$2,059/mo0.5%
511 W 3rd St, Grand Marais, MN 55604
Grand Marais, MN
$399,900$1,890/mo0.5%
1363 Pike Lake Rd, Grand Marais, MN 55604
Grand Marais, MN
$424,900$1,774/mo0.4%
1061 W 3rd St, Grand Marais, MN 55604
Grand Marais, MN
$489,000$1,972/mo0.4%
1926 County Road 7, Grand Marais, MN 55604
Grand Marais, MN
$839,000$3,306/mo0.4%