The story of this market
The typical home in ZIP 55613 sells for about $293,300, or $145 per square foot.
Prices are roughly flat from a year ago (+0.5%), a market in balance. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,100 a month.
ZIP 55613
The housing market in 55613 is characterized by very low inventory and high owner-occupancy, reflecting a stable but small residential community. Recent growth in home values and income suggests a tightening market, though the high vacancy rate is largely due to seasonal housing. Figures for sales volume and days on market are not explicitly published for this specific ZCTA and are estimated based on regional trends.
This ZIP is best suited for nature enthusiasts, retirees, or remote workers seeking a quiet, scenic lifestyle in a sparsely populated, owner-occupied community.
Median prices moved up 0.5% year over year.
Homes spend a median of 120 days on market with 7.5 months of supply — a slower-moving market.
10% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 28.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55613, Cook County MN
The area is served by Cook County ISD 166, which provides rural public education for the North Shore region.
The area faces risks typical of the North Shore, including wildfire potential in forested areas and severe winter weather conditions.
Economic momentum is driven by tourism, outdoor recreation, and small-scale service industries along the Lake Superior corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Residents primarily rely on personal vehicles for commuting along Highway 61, which serves as the main artery connecting to regional employment hubs like Grand Marais or Two Harbors.
The area is defined by its proximity to Lake Superior, offering immediate access to hiking trails, state parks, and scenic shoreline vistas.
The rental market is extremely limited with very low inventory, primarily consisting of seasonal or long-term residential units.
The local economy is heavily reliant on tourism, hospitality, and small-scale retail supporting visitors to the North Shore.
Highway 61 is the primary transportation corridor; public transit options are extremely limited in this rural geography.
Development is largely constrained by geography and environmental protections, with minimal large-scale commercial projects.
Cook County Assessor manages property valuations, typically conducting periodic reviews to align assessments with market trends.
Parcels are subject to Cook County ISD 166 school taxes and local township levies.
Property insurance premiums are influenced by the area's remote location and wildfire risk profile.
Data retrieved from US Civic Data and Census ACS 5-year tables.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Features dramatic river gorges and hiking trails leading to Lake Superior.
A premier long-distance hiking trail that traverses the North Shore.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.