Is Alborn, MN 55702 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Alborn is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Alborn housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

St. Louis County, MN

Population	412
Median income	$78,125
Average income	$86,501
Median home value	$295,000
Median rent	$1,550/month
Owner-occupied	93% of homes
Median year built	1976

Natural hazard riskHail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 55702; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 55702

Prefilled for 55702Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55702Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Angora 55703Buyer’s market $121 /sq ft Aurora 55705Balanced $129 /sq ft Babbitt 55706Seller’s market $91 /sq ft Biwabik 55708Seller’s market $204 /sq ft Browse all markets →

Where Alborn is

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Questions about Alborn real estate

What are property taxes in Alborn?

About 1.03% of a home’s value a year in St. Louis County, or roughly $4,120 on a $400,000 home.

Local agents

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More tools for 55702

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value St. Louis County property taxes St. Louis County loan limits Closing costs in Minnesota Hottest ZIP codes in Minnesota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology