55706, MN Housing Market

The 55706 housing market is not very competitive. The median sale price of a home in 55706 was $144K last month, up 56.5% since last year. The median sale price per square foot in 55706 is $85, up 28.8% since last year.

Trends
Demand
Schools
Climate

55706 Housing Market Trends

What is the housing market like in 55706 today?

$144K

Sale Price

+56.5%
since last year

$85

Sale $/Sq. Ft.

+28.8%
since last year

Under List Price

4.8%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 55706 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.

How hot is the 55706 housing market?

55706 is not very competitive. Homes sell in 34 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 34 days.
Hot homes
can sell for about 1% below list price and go pending in around 16 days.

View houses in 55706 that sold recently

Recently sold homes

SOLD FEB 26, 2025
$144,000 Last Sold Price
3 beds
2 baths
1,680 sq ft
24 Cherry Cir, Babbitt, MN 55706
List Price
$147,900
Sale to List
3% under list
Days on Market
166 days
24 Cherry Cir, Babbitt, MN 55706
SOLD FEB 13, 2025
$190,000
5 beds
4 baths
2,468 sq ft
104 South Dr, Babbitt, MN 55706
List Price
—
Sale to List
—
Days on Market
—
104 South Dr, Babbitt, MN 55706
SOLD FEB 10, 2025
$52,000 Last Sold Price
—beds
—baths
—sq ft
TBD Elm St, Babbitt, MN 55706
List Price
$52,000
Sale to List
0% over list
Days on Market
35 days
TBD Elm St, Babbitt, MN 55706
SOLD DEC 30, 2024
$100,000 Last Sold Price
3 beds
2 baths
—sq ft
15 Birch Blvd, Babbitt, MN 55706
List Price
$134,000
Sale to List
25% under list
Days on Market
132 days
15 Birch Blvd, Babbitt, MN 55706
SOLD DEC 9, 2024
$50,000
—beds
—baths
—sq ft
18 Basswood Cir, Babbitt, MN 55706
List Price
—
Sale to List
—
Days on Market
—
18 Basswood Cir, Babbitt, MN 55706
SOLD NOV 27, 2024
$275,000
3 beds
2 baths
1,096 sq ft
18 Daisy Ln, Babbitt, MN 55706
List Price
—
Sale to List
—
Days on Market
—
18 Daisy Ln, Babbitt, MN 55706
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
See all recently sold homes in 55706.
See listings

Schools in 55706

Learn about schools in the 55706 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 55706 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 55706.

Heat Factor - Minimal

100% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 55706

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