55706, MN Housing Market
The 55706 housing market is not very competitive. The median sale price of a home in 55706 was $132K over the last 3 months, down 20.2% since the same period last year. The median sale price per square foot in 55706 is $113, up 11.9% since last year.
55706 Housing Market Trends
Over the three months ending June 2026, 55706 home prices were down 20.2% compared to the same period last year, selling for a median price of $132K. On average, homes in 55706 sell after 188 days on the market compared to 108 days last year. There were 10 homes sold in June this year, down from 15 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 78 days.
- Hot homescan sell for around list price and go pending in around 43 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% below list price and go pending in around 29 days.
- Hot homescan sell for around list price and go pending in around 7 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
- Multiple offers are rare.
- The average homes sell for about 6% below list price and go pending in around 51 days.
- Hot homescan sell for about 2% below list price and go pending in around 35 days.
View houses in 55706 that sold recently
Recently sold homes
- $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
- $135,000 Last Sold Price2 beds2 baths—sq ft42 Garden Cir, Babbitt, MN 55706List Price$139,900Sale to List4% under listDays on Market92 days42 Garden Cir, Babbitt, MN 55706
- $230,000 Last Sold Price2 beds2 baths1,981 sq ft22 Dogwood Blvd, Babbitt, MN 55706List Price$235,000Sale to List2% under listDays on Market41 days22 Dogwood Blvd, Babbitt, MN 55706
- $187,000 Last Sold Price2 beds1 bath656 sq ft8433 Timber Bay Rd, Babbitt, MN 55706List Price$187,000Sale to List0% over listDays on Market91 days8433 Timber Bay Rd, Babbitt, MN 55706
- $78,000 Last Sold Price3 beds1 bath1,056 sq ft14 Dogwood Blvd, Babbitt, MN 55706List Price$80,000Sale to List3% under listDays on Market81 days14 Dogwood Blvd, Babbitt, MN 55706
- $159,900 Last Sold Price4 beds1 bath1,408 sq ft41 Astor Rd, Babbitt, MN 55706List Price$159,900Sale to List0% over listDays on Market326 days41 Astor Rd, Babbitt, MN 55706
- $192,500 Last Sold Price1 bed1 bath1,008 sq ft8431 Timber Bay Rd, Babbitt, MN 55706List Price$219,000Sale to List12% under listDays on Market92 days8431 Timber Bay Rd, 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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