This page includes AI-assisted content reviewed by Mark Gores, Licensed Minnesota Realtor #20486494. Market statistics and trends are based on information from MLS GRID, deemed reliable but not guaranteed.
All information is sourced from the MLS and verified for accuracy.
Living in Tower, Minnesota
Overview
Nestled in the heart of Minnesota's Iron Range, Tower is a charming city that offers a blend of natural beauty and small-town charm. With the recent opening of a new community center and the addition of hiking trails in Lake Vermilion State Park, Tower is embracing growth while maintaining its close-knit community feel. This picturesque city is known for its stunning landscapes, including the expansive Lake Vermilion, which provides endless recreational opportunities. Tower's rich history and vibrant community events make it a hidden gem in northeastern Minnesota.
Neighborhoods
Tower boasts several unique neighborhoods, each with its own distinct character. Downtown Tower is the city's bustling hub, offering a mix of local businesses and historic architecture. It's the perfect place to enjoy a leisurely stroll through its quaint streets.
Just a short drive away, the Lake Vermilion Area is a haven for outdoor enthusiasts. Known for its breathtaking views and access to the lake, this neighborhood is ideal for those who love fishing, boating, and exploring nature.
Meanwhile, Hoodoo Point is a tranquil residential area that offers a peaceful escape with its serene surroundings. It's a favorite among families and retirees who appreciate its proximity to Hoodoo Point Campground and the tranquil waters of Pike Bay.
Schools & Education
Education is a cornerstone of the Tower community, with the St. Louis County School District (ISD 2142) serving the area. North Woods School is the primary educational institution, offering a comprehensive curriculum that caters to students from kindergarten through high school. The school's commitment to academic excellence and community involvement makes it a respected institution in the region.
Parks & Recreation
Tower is a paradise for outdoor lovers, with numerous parks and recreational areas to explore. McKinley Park and Hoodoo Point Campground provide ample opportunities for camping, hiking, and enjoying the great outdoors. Lake Vermilion State Park is a crown jewel of the area, offering newly developed hiking trails that wind through its stunning landscapes. Tower Civic Center Park is a community favorite, hosting various events and offering a space for families to gather and play.
Local Events
The community spirit in Tower is vibrant, with annual events that bring residents and visitors together. The Tower Fourth of July Celebration is a highlight of the summer, featuring a parade, fireworks, and family-friendly activities. During the winter months, the Lake Vermilion Ice Fishing Contest draws anglers from near and far, eager to test their skills on the frozen lake. History enthusiasts will appreciate the Tower-Soudan Historical Days, which celebrate the area's rich mining history and cultural heritage.
Real Estate Market
The real estate market in Tower is dynamic, with a median home price of $349,900. Properties here typically spend an average of 87 days on the market, reflecting a balanced mix of supply and demand. Over the past year, the market has seen a significant year-over-year change of 89.7%, indicating a rising interest in the area. Currently, there are 18 active listings, with 6 homes sold in the last 90 days. This growth in real estate activity highlights Tower's appeal as a desirable place to call home.
Commute & Location
Tower offers convenient access to the Twin Cities metro area, making it an attractive option for those seeking a peaceful retreat without sacrificing connectivity. The city's strategic location allows residents to enjoy the tranquility of rural living while being just a few hours' drive from the bustling urban centers of Minneapolis and St. Paul. Whether commuting for work or leisure, Tower's accessibility makes it a practical choice for many.
Local Insight
As a Twin Cities real estate expert, I've noticed a growing trend of people seeking refuge in smaller communities like Tower. The new community center and hiking trails in Lake Vermilion State Park are just a few examples of the city's commitment to enhancing the quality of life for its residents. These developments, coupled with the town's rich history and natural beauty, make Tower an increasingly attractive option for homebuyers looking for a unique blend of rural charm and modern amenities.
One local hidden gem that captures the essence of Tower is the Good Ol' Days Bar & Grill. Known for its friendly atmosphere and delicious comfort food, this beloved establishment is a favorite hangout for locals and visitors alike. It's the perfect spot to enjoy a hearty meal and connect with the community after a day of exploring all that Tower has to offer.
Frequently Asked Questions
What is the median home price in Tower, MN?
The current median home price in Tower is $349,900. This represents a 89.7% change from last year. Tower offers a range of housing options across its neighborhoods including Downtown Tower, Lake Vermilion Area, Hoodoo Point.
What schools serve Tower residents?
Tower is served by St. Louis County School District (ISD 2142), with Tower-Soudan Secondary School as the main high school. Elementary options include Tower-Soudan Elementary School. The district is known for its strong academic programs and community involvement.
How long does it take to commute from Tower to Minneapolis or St. Paul?
From Tower, typical commute times are: 3 hours 27 mins to Downtown Minneapolis (224.3 mi), 3 hours 19 mins to Downtown St. Paul (219.3 mi). Other key destinations include 3 hours 34 mins to Mall of America, 3 hours 30 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.
How long do homes typically stay on the market in Tower?
Homes in Tower typically sell within 87 days. With 18 active listings and 6 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.