Current Price

$396,026

1 Month Forecast

â–² $417,246

1-Year Forecast *

â–² $446,325

5-Year Forecast *

â–² $527,528

"Is it a good time to buy homes in Grand Marais?" "Does investing in real estate in Grand Marais (Minnesota State, Cook County) worth it?" According to our live Forecast System, buying a house in Grand Marais is a good short-term (1-year) investment*. The Grand Marais average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Grand Marais" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Grand Marais in Minnesota State, Cook County. If you are looking for homes for sale with good flipping profit, Grand Marais can be a profitable property investment option. The median price of an average house in Grand Marais was 396,026 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Grand Marais" area is 527,528 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.21% meaning that investing 100000 USD today may yield a profit of 33,205 USD by 2031.

Current Median Listing Price: 396,026 USD Median Listing Price Per Square Foot: 220 USD

Grand Marais Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Grand Marais (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Grand Marais Price Target

Grand Marais median home price target in 12 months: $446,325* (upside of 12.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $417,407 $414,654 $414,654 $418,579
2024 $382,728 $396,026 $381,661 $396,026
2023 $347,205 $382,584 $347,205 $382,584
2022 $315,338 $347,203 $315,338 $350,321
2021 $273,944 $312,232 $273,944 $312,232
2020 $249,883 $270,408 $249,883 $270,408
2019 $240,102 $249,061 $240,102 $249,061
2018 $232,072 $239,220 $232,072 $239,827
2017 $223,409 $230,860 $223,409 $230,860
2016 $222,772 $223,223 $222,666 $223,412
2015 $210,936 $222,334 $210,936 $222,334
2014 $206,326 $209,590 $204,493 $209,590
2013 $203,869 $206,627 $203,869 $207,439
2012 $205,619 $203,383 $201,963 $205,619

Questions & Answers about the Grand Marais Housing Market Forecast

How much does an average home cost in Grand Marais today?

The value of an average home (the listing price) in Grand Marais is $396,026 USD.

What is the average price per square foot in Grand Marais?

According to Walletinvestor the median price per square foot in Grand Marais is 220 USD.

Will the median listing price of homes in Grand Marais grow / rise / go up?

Yes. The Grand Marais home prices may rise from 396,026 USD to 446,325 USD in one year.

Is it profitable to invest in Grand Marais homes?

Yes. The long-term profit potential is +12.70% in one year.

Will Grand Marais house prices fall / drop?

No. See above.

What is the predicted price of a Grand Marais home in 2030?

The predicted home sales price of a Grand Marais home in 2030 in Grand Marais is 507,052 USD.

What is the predicted price of a Grand Marais home in 2035?

The predicted home sales price of a Grand Marais home in 2035 in Grand Marais is 624,090 USD.

Will real estate prices decrease in Grand Marais?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Grand Marais is the 9657. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Cook, Grand Marais decreased, looking at the past 12 months.

According to Walletinvestor's Grand Marais real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.388% to 396,026 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.071% in 2021
  • 11.311% in 2022
  • 13.521% in 2023
  • 14.081% in 2024
  • 11.201% in 2025
  • 13.201% in 2026

Based on our Grand Marais real estate market research and report the predicted sales prices will increase by 230.578% in the next 10 years.

Over the last 12 months, the value of homes in Grand Marais fluctuated: decreasing 4 times.

Grand Marais (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Grand Marais Housing Market Forecast with Real Estate Prices for 2025
August 2025 417246 379694 454799
September 2025 419855 393824 445886
October 2025 422480 386569 458391
November 2025 425121 399614 450628
December 2025 427779 401257 454301
Grand Marais Housing Market Forecast with Real Estate Prices for 2026
January 2026 430453 398600 462307
February 2026 432685 392878 472492
March 2026 435390 412315 458466
April 2026 438058 395566 480549
May 2026 440796 399802 481791
June 2026 443552 414721 472383
July 2026 446325 420438 472212
August 2026 449116 425762 472470
September 2026 451923 406731 497116
October 2026 454749 428373 481124
November 2026 457592 430136 485047
December 2026 460453 414868 506037
Grand Marais Housing Market Forecast with Real Estate Prices for 2027
January 2027 460343 425818 494869
February 2027 459171 420601 497741
March 2027 457702 429782 485622
April 2027 456381 433562 479200
May 2027 456384 417592 495177
June 2027 457723 414697 500749
July 2027 460585 432489 488681
August 2027 463465 426387 500542
September 2027 466362 423923 508801
October 2027 469278 435020 503535
November 2027 472211 435851 508572
December 2027 475164 441902 508425
Grand Marais Housing Market Forecast with Real Estate Prices for 2028
January 2028 477895 452567 503224
February 2028 480304 441400 519209
March 2028 483307 451892 514722
April 2028 485788 451297 520279
May 2028 485970 446121 525820
June 2028 484616 459416 509816
July 2028 484808 451841 517775
August 2028 486690 460408 512971
September 2028 489732 459369 520096
October 2028 491345 445159 537532
November 2028 493083 459553 526612
December 2028 495198 451125 539271
Grand Marais Housing Market Forecast with Real Estate Prices for 2029
January 2029 498254 471348 525160
February 2029 501369 455243 547495
March 2029 502326 468168 536485
April 2029 502491 471839 533143
May 2029 505633 470238 541027
June 2029 506857 458705 555008
July 2029 507052 468516 545588
August 2029 505709 462724 548694
September 2029 504091 469812 538369
October 2029 502707 455956 549459
November 2029 502404 463719 541089
December 2029 505545 476223 534867
Grand Marais Housing Market Forecast with Real Estate Prices for 2030
January 2030 508706 462413 554998
February 2030 511886 465304 558468
March 2030 515086 487787 542386
April 2030 518306 470104 566509
May 2030 521547 482952 560141
June 2030 524251 486505 561997
July 2030 527528 486381 568676
August 2030 530761 496261 565260
September 2030 534079 497761 570396
October 2030 537418 492812 582023
November 2030 540778 511035 570520
December 2030 544158 490287 598030
Grand Marais Housing Market Forecast with Real Estate Prices for 2031
January 2031 547560 501565 593556
February 2031 550984 509109 592858
March 2031 554428 500649 608208
April 2031 557895 509916 605873
May 2031 557762 504775 610750
June 2031 556342 513504 599180
July 2031 554562 504097 605027
August 2031 552961 504301 601622
September 2031 552965 522552 583379
October 2031 554588 520758 588418
November 2031 558055 530152 585958
December 2031 561544 518305 604783
Grand Marais Housing Market Forecast with Real Estate Prices for 2032
January 2032 565055 514765 615345
February 2032 568587 512297 624877
March 2032 572142 534953 609331
April 2032 575719 545206 606232
May 2032 579029 539076 618982
June 2032 581947 542957 620938
July 2032 585586 532297 638874

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.