Nashwauk, MN housing market
The median sale price was $88,000 in May 2026.
Home values, sales, trends and how Nashwauk compares with the towns next door — updated as new data is published.
Nashwauk at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 31% in 5 years
The federal house price index for the ZIP codes around Nashwauk rose 31% over the past 5 years, slower than across Minnesota (37%). Last year prices fell 1.5%.
Show as a table
| Year | Change that year | Since 2002 | Minnesota since 2002 |
|---|---|---|---|
| 2025 | −1.5% | +106% | +92% |
| 2024 | +4.4% | +109% | +87% |
| 2023 | +7.8% | +100% | +80% |
| 2022 | +9.2% | +86% | +73% |
| 2021 | +7.9% | +70% | +54% |
| 2020 | +7.4% | +58% | +41% |
| 2019 | +3.2% | +47% | +37% |
| 2018 | +13% | +42% | +31% |
| 2017 | −2.5% | +26% | +24% |
| 2016 | −8.5% | +30% | +17% |
| 2015 | +4.4% | +42% | +12% |
| 2014 | −2.1% | +36% | +8.5% |
| 2013 | +5.2% | +39% | +2.6% |
| 2012 | −1.4% | +32% | −1.3% |
| 2011 | −3% | +34% | +0.1% |
| 2010 | −1.3% | +38% | +5.9% |
| 2009 | −0.7% | +40% | +13% |
| 2008 | +3.1% | +41% | +20% |
| 2007 | +1% | +37% | +26% |
| 2006 | +11% | +35% | +27% |
| 2005 | +15% | +22% | +23% |
| 2004 | +2.3% | +5.8% | +14% |
| 2003 | +3.5% | +3.5% | +4.7% |
| 2002 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55769, 55775, 55746, covering 88% of Nashwauk’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
No new homes permitted in 2025
No permits for new homes were issued in Nashwauk in 2025. The last year with any was 2023 (2 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Nashwauk's population fell by 13 even though 5 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Minnesota: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 2 | 2 | 0 | $606,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 2 | 2 | 0 | $350,000 |
| 2017 | 1 | 1 | 0 | $130,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $200,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $160,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 26 | 2 | 24 | $3.3 million |
| 2007 | 2 | 2 | 0 | $306,000 |
| 2006 | 4 | 4 | 0 | $596,000 |
| 2005 | 13 | 13 | 0 | $1.8 million |
| 2004 | 5 | 5 | 0 | $648,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Nashwauk and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Nashwauk | — | −1.5%† | $1,020 | 0 | $57,589 |
| Nashwauk | $136K | +2.2% | $1,030 | — | $60,192 |
| Keewatin | — | −0.5%† | $1,020 | 0 | $53,643 |
| Greenway | — | +1%† | $1,060 | — | $66,094 |
| Hibbing | $165K | +6.1% | $1,030 | 8 | $55,789 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Nashwauk is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Nashwauk pay a median of $688, so moving in tends to cost more than staying put.
Studio $710 · 4 bedrooms $1,690
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55746, 55769, 55775; Duluth, MN-WI MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Nashwauk
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.