The story of this market
The typical home in ZIP 55748 sells for about $149,000, or $106 per square foot.
Prices are roughly flat from a year ago (-0.67%), a market in balance. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $765 a month.
ZIP 55748 — Hill City
The housing market in the Hibbing area is characterized as somewhat competitive with a median sale price of $149,000. Market activity remains stable with homes selling in approximately 42 days and a sale-to-list ratio of 97.3%.
Median prices moved down 0.7% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.4% · poverty 18.3% — a mixed stability profile.
ZCTA 55748, Hill City MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.