The typical home value in
Koochiching County
is projected to be
$82,070
for the month of
September.
August’s
finalized data reported the typical value of a home in the
county
to be
$104,500—down
47.06%
over the previous 12 months.
For comparison,
state-level
data pegged home values at
$368,400
in
Minnesota
for the most recent reporting period.
That number is expected to float around
$367,000
in
September.
Koochiching County
had
14
new listings and
8
listings that went under contract in
August,
increasing
the area’s total available inventory to
49—up
2.08%
from the previous month. Inventory is projected to have further
increased
in
September.
Of those
49
active listings,
26.53%
reduced their price in the month of
August.
The median listing price for homes in
Koochiching County
fell
14.57%
from
July
to
August,
bringing the current median listing price to
$170,000.
Based on projected data for
September,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
August 2025,
the median time for a listed property to go pending was
49
days, compared to
67
days in
August 2024.
However, in recent months the median number of days from listed to pending appears to be
rising.
That trend is predicted to have carried through to this
September.
