Tofte MN Commercial for Sale

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Tofte Real Estate

The median home value in Tofte, MN is $437,350. This is higher than the county median home value of $326,200. The national median home value is $338,100. The average price of homes sold in Tofte, MN is $437,350. Approximately 36.81% of Tofte homes are owned, compared to 7.64% rented, while 55.56% are vacant. Tofte real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tofte real estate agent to arrange a tour today!

Tofte, Minnesota has a population of 248. Tofte is less family-centric than the surrounding county with 11.86% of the households containing married families with children. The county average for households married with children is 23.54%.

The median household income in Tofte, Minnesota is $42,500. The median household income for the surrounding county is $65,045 compared to the national median of $69,021. The median age of people living in Tofte is 53.6 years.

Tofte Weather

The average high temperature in July is 74.6 degrees, with an average low temperature in January of -2.7 degrees. The average rainfall is approximately 31.9 inches per year, with 69.8 inches of snow per year.

Tofte Real Estate Market Conditions

  • Median sales price

    $437,350
    13.9% change since last quarter
  • # Active listings

    6
    30-day change

Tofte Schools and Demographics

Education near Tofte, MN

Metric City County
High School Graduates 94.52 96.54
College Degree - 2 year 10.96 10.38
College Degree - 4 year 30.14 42.4
Graduate Degree 7.76 12.22
Expenditures per Student 17,575 17,575
Students per Teacher 10.4 10.4

Elementary Schools near Tofte, MN

School Grades Students P/T Ratio ZIP
Birch Grove Community School PK - 05 22 9.7 55615
Great Expectations KG - 08 78 10.8 55604
Oshki Ogimaag Charter School KG - 06 31 5.2 55605
Sawtooth Mountain Elementary School PK - 05 169 12.5 55604
Washington Elementary School PK - 05 268 13.8 55731
William Kelley Elementary School PK - 06 175 14 55614

Middle Schools near Tofte, MN

School Grades Students P/T Ratio ZIP
Cook County Middle School 06 - 08 109 11.7 55604
Memorial Middle School 06 - 08 125 19.8 55731

High Schools near Tofte, MN

School Grades Students P/T Ratio ZIP
Cook County Senior High School 09 - 12 177 13.8 55604
Kelley Secondary School 07 - 12 189 12.7 55614
Memorial High School 07 - 12 161 14.2 55731

Ungraded Schools near Tofte, MN

School Grades Students P/T Ratio ZIP
* Cook County Alternative 09 - 12 2 55604
Grand Marais Community 06 - 12 0 55604

Demographics near Tofte, MN

Metric City County
Neighborhood Type Small Town
Population 248 5,574
Population Density 2 4
Median Age 53.6 52.4
People per Household 1.9 2.2
Median Household Income 42,500 65,045
Average Income per Capita 33,799 39,205