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Featured local agent — Taconite, MN
Sarah Mitchell
Compass Real Estate · Taconite, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Taconite, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$85,000median sale price
How is the Taconite, MN housing market right now?
The median home sale price in Taconite, MN is $85,000, down 77.0% year-over-year. Homes sell in an average of 20 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Taconite a buyer's or seller's market?
Taconite, MN is currently a seller's market, based on 0.5 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
20
Fast-moving
Active listings
1
0.5 months supply
Sale-to-list
96.7%
Below asking
What does the Taconite housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $85,000 |
| Median list price | $89,900 |
| Year-over-year price change | -77.0% |
| Average days on market | 20 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $126/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Taconite by property type?
How the Taconite, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $85,000 | $126/sq ft | 2 | 20 days |
Source: Redfin · Updated monthly
The Taconite housing market is currently classified as a seller's market with a median sale price of $85,000. Prices have fallen 77.0% compared to last year, with homes spending an average of 20 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Taconite
There are currently 1 homes listed for sale in Taconite, Minnesota. The median listing price is $90K.
Active listings
1
Homes on market
Median list price
$90K
Avg. days on market
20
Days until sale
New this week
1
Newly listed
Who lives in Taconite?
Population
541
Median income
$100,089/yr
Median age
46.8 years
Owner-occupied
92.3%
College grads
15.9%
Avg commute
26.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Taconite?
Taconite is a community of approximately 1K residents with a median age of 46.8 years.The median household income is $100,089, which reflects a relatively affluent area with strong earning potential. 15.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Taconite offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Taconite, MN?
Want a head-to-head view? Compare Taconite side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Taconite?
The median home sale price in Taconite is $85,000, down 77.0% from last year.
How long do homes stay on market in Taconite?
Homes typically spend 20 days on market before going under contract.
What is the median income in Taconite?
The median household income is $100,089 per year.
Is Taconite a buyer's or seller's market?
With 0.5 months of supply, Taconite is currently a seller's market.
How much does a single-family home cost in Taconite?
The median single-family home price in Taconite, MN is $85,000 (about $126 per square foot).
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