Eveleth, MN · Market Data

Eveleth, Minnesota real estate market data.

Real estate market data for Eveleth, MN (St. Louis County) — Census median home value $91,800, county listing prices up about 9.5% over the past year.

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Eveleth, MN is in St. Louis County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,470, with a median household income of $47,721. Census data puts Eveleth's median home value at $91,800 (all owner-occupied homes); St. Louis County's current median listing price runs $361,225, up about 9.5% over the past year.

At a glance

Eveleth market snapshot

Population

3,470

Median Household Income

$47,721

Median Home Value (city)

$91,800

Median Listing Price (St. Louis County)

$361,225

Median Gross Rent

$839/mo

Price Trend (YoY)

+9.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Eveleth

What makes Eveleth different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Eveleth's median home value — across all owner-occupied homes, not just recent sales — at $91,800. Separately, St. Louis County's current median listing price (via Realtor.com data, 2026-06-01) runs $361,225. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

St. Louis County's FHFA house price index shows a 6.26% annual change in 2025.

Population & Income

Eveleth has an estimated population of 3,470 and a median household income of $47,721, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Eveleth's Census-reported median home value works out to about 1.9x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Eveleth FAQ

What are home values like in Eveleth, MN?

The Census Bureau's American Community Survey puts Eveleth's median home value at $91,800. St. Louis County's current median listing price runs $361,225, up about 9.5% over the past year.

What is the population of Eveleth, MN?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Eveleth's population at approximately 3,470.

What's the median rent in Eveleth, MN?

The Census ACS estimates median gross rent in Eveleth at approximately $839 per month.

What is the median household income in Eveleth, MN?

Census ACS data puts the median household income in Eveleth at approximately $47,721.

Is the Eveleth housing market growing?

St. Louis County's FHFA house price index shows a 6.26% annual change in 2025.

Is Eveleth, MN affordable relative to income?

Census ACS data puts Eveleth's median home value at about 1.9 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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