Babbitt, MN—55706
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$140,000
1.1% YoY Growth
Household Income
$60,100
42.4% YoY Growth
Days on Market
92
87.0% Longer YoY
Home Price Forecast
2.4%
Median 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
Home Price Trends — Babbitt, MN
As of Nov '25, the median home price in Babbitt, MN is $140,000, with a year-over-year change of -1.1%. This indicates that home prices in Babbitt, MN are decreasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $140,000 | -1.1% |
| Single Family | $140,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |