Lutsen, MN Real Estate Market Summary – September 8, 2026

In Lutsen, MN, there were 2 homes sold in the last 30 days, reflecting a sale pace of about 1 every 15 days. The average living area of the sold homes was 1,213 square feet, with an average sale price of $366,000.

Metric 30 Days
Number Sold 2
Sold Per Day 1 every 15.00 days
Average SQFT 1213
Median Sales Price $366,000
Average Sales Price $366,000
Average Price Per SQFT $329
Average Days on Market 19
Average Year Built 1983

 

Lutsen, MN Single Family Home Analysis

For single-family homes, 1 property was sold during this period, averaging 1,750 square feet and priced at $469,000. The average days on market for these homes was 27 days.

Metric 30 Days
Number Sold 1
Sold Per Day 1 every 30.00 days
Average SQFT 1750
Median Sales Price $469,000
Average Sales Price $469,000
Average Price Per SQFT $268
Average Days on Market 27
Average Year Built 1984

 

Lutsen, MN Condo & Townhome Analysis

In the condo and townhome segment, 1 unit was sold, with a living area of 675 square feet priced at $263,000. This property spent an average of 11 days on the market.

Metric 30 Days
Number Sold 1
Sold Per Day 1 every 30.00 days
Average SQFT 675
Median Sales Price $263,000
Average Sales Price $263,000
Average Price Per SQFT $390
Average Days on Market 11
Average Year Built 1982

 

Buyer & Seller Analysis

  • 1 home listed every 15 days on average.
  • Properties had an average of 19 days on market before sale.
  • Average price for single-family homes was $469,000.
  • Average price per square foot for condos was $390.

Conclusion

Overall, the real estate market in Lutsen shows limited activity with few properties changing hands recently. Buyers and sellers may want to consider these trends when making decisions.

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