Babbitt, MN Housing Market

The Babbitt housing market is somewhat competitive. The median sale price of a home in Babbitt was $150K last month, up 17.8% since last year. The median sale price per square foot in Babbitt is $65, down 3.0% since last year.

Trends
Demand
Migration
Schools
Climate

Babbitt Housing Market Trends

What is the housing market like in Babbitt today?

$150K

Sale Price

+17.8%
since last year

$65

Sale $/Sq. Ft.

-3.0%
since last year

Under List Price

5.3%

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 50 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 20 days.

Compare With Nearby Cities

Ely

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 36 days.
Hot homes
can sell for about 1% below list price and go pending in around 10 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 NOV 12, 2024
$220,500 Last Sold Price
3 beds
2 baths
2,704 sq ft
43 Cypress Blvd, Babbitt, MN 55706
List Price
$225,000
Sale to List
2% under list
Days on Market
65 days
43 Cypress Blvd, Babbitt, MN 55706
SOLD NOV 8, 2024
$67,000 Last Sold Price
2 beds
1.75 baths
1,124 sq ft
48 Balsam Cir, Babbitt, MN 55706
List Price
$64,900
Sale to List
3% over list
Days on Market
21 days
48 Balsam Cir, Babbitt, MN 55706
SOLD NOV 1, 2024
$80,000 Last Sold Price
3 beds
1.75 baths
1,596 sq ft
16 Hemlock Cir, Babbitt, MN 55706
List Price
$90,500
Sale to List
12% under list
Days on Market
21 days
16 Hemlock Cir, Babbitt, MN 55706
SOLD NOV 1, 2024
$380,000 Last Sold Price
4 beds
2 baths
—sq ft
1843 Boundary St, Babbitt, MN 55706
List Price
$422,000
Sale to List
10% under list
Days on Market
162 days
1843 Boundary St, Babbitt, MN 55706
SOLD OCT 29, 2024
$253,500
1 bed
1 bath
544 sq ft
9050 Bear Island Cabin Dr, Babbitt, MN 55706
List Price
—
Sale to List
—
Days on Market
—
9050 Bear Island Cabin Dr, Babbitt, MN 55706
SOLD OCT 29, 2024
$18,000 Last Sold Price
—beds
—baths
—sq ft
Lots 33 & 34 Basswood Cir, Babbitt, MN 55706
List Price
$18,000
Sale to List
0% over list
Days on Market
34 days
Lots 33 & 34 Basswood Cir, Babbitt, MN 55706
SOLD OCT 17, 2024
$142,000 Last Sold Price
2 beds
1 bath
—sq ft
54 Beech Ct, Babbitt, MN 55706
List Price
$142,000
Sale to List
0% over list
Days on Market
130 days
54 Beech Ct, Babbitt, MN 55706
SOLD OCT 16, 2024
$74,000 Last Sold Price
3 beds
2 baths
—sq ft
48 Astor Rd, Babbitt, MN 55706
List Price
$85,000
Sale to List
13% under list
Days on Market
65 days
48 Astor Rd, 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

4/10

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

New Listings in Babbitt

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