What is the average home price in Beaver Bay 55601?

As of May '26, the median home price in Beaver Bay 55601 is $371,000, based on Zillow home estimates.

How have home prices in Beaver Bay 55601 changed over the past year?

As of May '26, home prices have increased 6.4% over the past year, according to Zillow home estimates data.

What is the home price projection for Beaver Bay 55601?

As of May '26, Zillow projects home prices in Beaver Bay 55601 to increase 1.2% in the next year.

What are the demographics of Beaver Bay 55601?

According to the latest Census, the demographics of Beaver Bay 55601 are 94.8% White, 0.0% Black, 0.0% Asian, 0.0% Hispanic. The population is 135, with 10.4% under 18 years old.

How long does it take homes to sell in Beaver Bay 55601?

According to Realtor.com, as of May '26, the median home in Beaver Bay 55601 is on the market for 140 days. This is an increase of 0.0% from last year.

What is the average rent price in Beaver Bay 55601?

The average rent price in Beaver Bay 55601, as of the latest data, is N/A. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is N/A, N/A, and N/A respectively.

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Beaver Bay—55601

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$371,000

6.4% YoY Growth

Household Income

$54,400

13.9% YoY Growth

Days on Market

140

N/A

Home Price Forecast

1.2%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Beaver Bay

As of May '26, the median home price in Beaver Bay is $371,000, with a year-over-year change of 6.4%. This indicates that home prices in Beaver Bay are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$371,000	6.4%
Single Family	$354,000	6.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Beaver Bay

Beaver Bay lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

57.1%

4 Bedrooms

42.9%

Property Listings — Beaver Bay

Beaver Bay lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$925,000	N/A
Listing Count	3	N/A
Listings as % of Homes	0.9%	N/A
Days on Market	140	N/A

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Demographics — Beaver Bay

As of the latest ACS Survey released in 2023, Beaver Bay has a population of 135, which has increased by 80.0% over the past 5 years. Beaver Bay is a less popular place for families, as children make up 10.4% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	135	80.0%
% Under 18	10.4%	-39.9%
% Seniors	37.0%	-7.5%
% WFH	5.7%	-63.9%
% w/ College Degree	19.3%	-22.8%

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As of the latest ACS Survey released in 2023, Beaver Bay is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Beaver Bay is black, making up 0.0% of the population. Foreign-born residents account for 4.4% of the population in Beaver Bay, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.8%	-5.2%
% Black	0.0%	N/A
% Hispanic	0.0%	N/A
% Asian	0.0%	N/A
% Foreign Born	4.4%	∞%

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Mortgage and Risk — Beaver Bay

Beaver Bay lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Beaver Bay

Beaver Bay lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,000
2 Bedroom	N/A	N/A	$1,310
3 Bedroom	N/A	N/A	$1,580
4 Bedroom	N/A	N/A	$2,190

Beaver Bay—55601

Key Metrics at a Glance

Home Price Trends — Beaver Bay

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Beaver Bay

% of Rental Stock

Property Listings — Beaver Bay

Demographics — Beaver Bay

Race and Ethnicity

Mortgage and Risk — Beaver Bay

Mortgages

Rentals and Section 8 — Beaver Bay

Section 8 Market Size

Section 8 Opportunity

Affordability — Beaver Bay

Home Price to Income Ratio

Beaver Bay — ZIP Code Boundary Map

Nearby ZIP Codes

Lax Lake, MN

Two Harbors, MN

Isabella, MN

Isabella, MN

Knife River

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6
Median Home Price	$371,000
Median Household Income	$54,400