Babbitt, MN Housing Market

Homes for sale

The Babbitt housing market is somewhat competitive. The median sale price of a home in Babbitt was $150K last month, up 30.0% since last year. The median sale price per square foot in Babbitt is $119, up 0.4% since last year.

Trends
Demand
Migration
Schools
Climate

Babbitt Housing Market Trends

What is the housing market like in Babbitt today?

$150K

Sale Price

+30.0%
since last year

$119

Sale $/Sq. Ft.

+0.4%
since last year

Under List Price

6.5%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Babbitt and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Babbitt add value to a home.

How hot is the Babbitt housing market?

Babbitt is somewhat competitive. Homes sell in 34 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 34 days.
Hot homes
can sell for about 2% below list price and go pending in around 10 days.

Compare With Nearby Cities

Ely

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 85 days.
Hot homes
can sell for about 1% below list price and go pending in around 49 days.

Tower

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 70 days.
Hot homes
can sell for around list price and go pending in around 15 days.

See more nearby cities and neighborhoods

Babbitt Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Babbitt that sold recently

Recently sold homes

SOLD JUL 3, 2025
$389,000 Last Sold Price
2 beds
1 bath
—sq ft
2377 Finn Bay Rd, Babbitt, MN 55706
List Price
$389,000
Sale to List
0% over list
Days on Market
44 days
2377 Finn Bay Rd, Babbitt, MN 55706
SOLD JUL 3, 2025
$389,000 Last Sold Price
2 beds
1 bath
560 sq ft
2377 Finn Rd, Babbitt, MN 55706
List Price
$389,000
Sale to List
0% over list
Days on Market
46 days
2377 Finn Rd, Babbitt, MN 55706
SOLD JUN 27, 2025
$139,000 Last Sold Price
2 beds
2 baths
—sq ft
45 Glen Cir, Babbitt, MN 55706
List Price
$139,000
Sale to List
0% over list
Days on Market
29 days
45 Glen Cir, Babbitt, MN 55706
SOLD JUN 23, 2025
$130,000 Last Sold Price
3 beds
1 bath
1,080 sq ft
3432 Salo Rd, Embarrass, MN 55732
List Price
$215,000
Sale to List
40% under list
Days on Market
38 days
3432 Salo Rd, Embarrass, MN 55732
SOLD JUN 9, 2025
$229,000 Last Sold Price
3 beds
2 baths
—sq ft
22 Cottonwood Ct, Babbitt, MN 55706
List Price
$229,000
Sale to List
0% over list
Days on Market
20 days
22 Cottonwood Ct, Babbitt, MN 55706
SOLD JUN 5, 2025
$166,000 Last Sold Price
3 beds
1 bath
964 sq ft
11 Balsam Cr Cir, Babbitt, MN 55706
List Price
$175,000
Sale to List
5% under list
Days on Market
43 days
11 Balsam Cr Cir, Babbitt, MN 55706
SOLD JUN 2, 2025
$80,000 Last Sold Price
2 beds
1 bath
—sq ft
27 Beech Ct, Babbitt, MN 55706
List Price
$89,000
Sale to List
10% under list
Days on Market
132 days
27 Beech Ct, Babbitt, MN 55706
SOLD JUN 1, 2025
$160,000 Last Sold Price
3 beds
1 bath
864 sq ft
52 Birch Blvd, Babbitt, MN 55706
List Price
$172,500
Sale to List
7% under list
Days on Market
18 days
52 Birch Blvd, Babbitt, MN 55706
See all recently sold homes in Babbitt.
See listings

Schools in Babbitt

Learn about schools in the Babbitt area

Elementary
Middle
High

GreatSchools Rating

5/10

Babbitt Elementary School

Public • PreK-6

Students

1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Babbitt housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Babbitt.

Provided by First Street Foundation

More real estate resources for Babbitt

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