Is Hibbing, MN 55746 a buyer’s or seller’s market?

The Hibbing housing market right now

In the three months ending August 31, 2026, 38% of homes in Hibbing, MN 55746 sold above their list price, the typical home went under contract in 36 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 62 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (37% then), homes sold faster (42 days then) and the median sale price held steady to $173,925. Overall, Hibbing is more competitive than a year ago, so tougher for buyers.

Within St. Louis County, homes here sell more slowly than in 61% of the county’s ZIP codes, and sell more often over asking than in 69%. On our competition score, Hibbing ranks #195 of 296 MN ZIP codes with enough sales (score 62 out of 100).

Nearby, buyers who want less competition could look at Soudan 55782 (0% sold over asking) or Orr 55771 (0% sold over asking), while Angora 55703 (100% sold over asking) and Buhl 55713 (100% sold over asking) are even more competitive.