$68,500
2.55 Acres
Land
Krystina Gillman, Listing Office: Kuschel Realty Group LLC
Housing Prices in Tofte, MN
How much do homes in Tofte, MN cost?
Median List Price
$389,000
$437/sqft
Based on all homes listed in December 2024.
Difference Since Last Month
+$57,000(+17.2%)
Key Takeaway
The list price of homes in Tofte has increased by 17.2% since November.
Summary: The median home list price in Tofte was $389,000 in December 2024, up 17.2% from the previous month, and the median price per square foot was $437.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $275K | 0.0% |
| 2 Bedrooms | $469K | $469K | 0.0% |
| 3 Bedrooms | $640K | $519.5K | -18.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Tofte housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Lutsen | $359.9K | $1.0M | +194.5% |
| Lutsen Township | $275K | $389K | +41.5% |
| Tofte | $332K | $389K | +17.2% |
| Tofte Township | $594.5K | $594.5K | 0.0% |
Housing Supply in Tofte, MN
How many homes are available in Tofte, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Tofte real estate market had 7 homes for sale in December 2024, a 16.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tofte housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Tofte, MN
How long does it take to sell a home in Tofte, MN?
Average Listing Age
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 69 Days | 75 Days | +9.5% |
Summary: Homes in Tofte had an average listing age of 75 days in Dec 2024, up by 9.5% compared to the previous month.
