55706, MN Housing Market
The 55706 housing market is not very competitive. The median sale price of a home in 55706 was $148K over the last 3 months, down 3.7% since the same period last year. The median sale price per square foot in 55706 is $83, down 4.6% since last year.
55706 Housing Market Trends
Over the three months ending August 2026, 55706 home prices were down 3.7% compared to the same period last year, selling for a median price of $148K. On average, homes in 55706 sell after 66 days on the market compared to 32 days last year. There were 12 homes sold in August this year, down from 13 last year.

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How hot is the 55706 housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 72 days.
- Hot homescan sell for around list price and go pending in around 41 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 48 days.
- Hot homescan sell for around list price and go pending in around 16 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 49 days.
- Hot homescan sell for around list price and go pending in around 29 days.
View houses in 55706 that sold recently
Recently sold homes
- $148,500 Last Sold Price2 beds2 baths1,368 sq ft48 Elm Blvd, Babbitt, MN 55706List Price$149,500Sale to List1% under listDays on Market66 days48 Elm Blvd, Babbitt, MN 55706
- $160,000 Last Sold Price3 beds2 baths1,360 sq ft50 Cypress Blvd, Babbitt, MN 55706List Price$169,000Sale to List5% under listDays on Market55 days50 Cypress Blvd, Babbitt, MN 55706
- $160,000 Last Sold Price3 beds2 baths—sq ft61 Cypress Blvd, Babbitt, MN 55706List Price$169,000Sale to List5% under listDays on Market55 days61 Cypress Blvd, Babbitt, MN 55706
- $171,500 Last Sold Price2 beds2 baths—sq ft32 Dogwood Blvd, Babbitt, MN 55706List Price$176,500Sale to List3% under listDays on Market113 days32 Dogwood Blvd, Babbitt, MN 55706
- $205,000 Last Sold Price3 beds2 baths2,144 sq ft18 Dogwood Blvd, Babbitt, MN 55706List Price$205,000Sale to List0% over listDays on Market190 days18 Dogwood Blvd, Babbitt, MN 55706
- $135,000 Last Sold Price2 beds1 bath—sq ft61 Birch Blvd, Babbitt, MN 55706List Price$135,000Sale to List0% over listDays on Market30 days61 Birch Blvd, Babbitt, MN 55706
- $136,900 Last Sold Price3 beds2 baths—sq ft47 Birch Blvd, Babbitt, MN 55706List Price$144,900Sale to List6% under listDays on Market57 days47 Birch Blvd, Babbitt, MN 55706
- $30,000 Last Sold Price1 bed2 baths—sq ft28 Hemlock Cir, Babbitt, MN 55706List Price$49,000Sale to List39% under listDays on Market233 days28 Hemlock Cir, Babbitt, MN 55706
See all recently sold homes in 55706.
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Schools in 55706
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Babbitt Elementary School Public • PreK-6 | 95 Students | 1 reviews |
Climate's impact on 55706 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 55706.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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