Data as of September 2026. Source: Realtor.com.
The BABBITT, MN real estate market (55706) currently shows 18 active listings, with 4 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 63 days on market compared to 42 days last year.
The median listing price has fallen 20.8% year-over-year, from $201,500 to $159,675.
Population: 1,716 · Density: 4.9/mi² · Median household income: $56,250
Typical home value: $94,797 · Homeownership: 85.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55706 | Babbitt, MN 55706 | 0.0 mi | 14 | $2,656,052 | $145,125 | $189,718 |
| 55732 | Embarrass, MN 55732 | 12.5 mi | 2 | $893,900 | $446,950 | $446,950 |
| 55705 | Aurora, MN 55705 | 19.7 mi | 17 | $3,330,113 | $181,950 | $195,889 |
| 55708 | Biwabik, MN 55708 | 20.8 mi | 4 | $519,768 | $125,475 | $129,942 |
| 55731 | Ely, MN 55731 | 23.7 mi | 36 | $20,956,104 | $375,500 | $582,114 |
| 55741 | Gilbert, MN 55741 | 25.2 mi | 12 | $3,581,796 | $357,225 | $298,483 |
| 55763 | Makinen, MN 55763 | 26.9 mi | 3 | $1,186,374 | $448,000 | $395,458 |
| 55734 | Eveleth, MN 55734 | 32.4 mi | 17 | $3,018,197 | $149,500 | $177,541 |
| 55710 | Britt, MN 55710 | 34.6 mi | 2 | $875,000 | $437,500 | $437,500 |
| 55603 | Finland, MN 55603 | 36.5 mi | 4 | $1,511,200 | $309,000 | $377,800 |
| 55703 | Angora, MN 55703 | 38.8 mi | 3 | $929,025 | $309,675 | $309,675 |
| 55713 | Buhl, MN 55713 | 40.1 mi | 4 | $911,332 | $220,000 | $227,833 |
| 55719 | Chisholm, MN 55719 | 43.0 mi | 17 | $2,501,244 | $134,500 | $147,132 |
As of September 2026, there are 18 active listings in BABBITT, MN (zip code 55706), compared to 23 the prior year.
The median listing price in BABBITT, MN 55706 is $159,675 as of September 2026, a 20.8% decrease from $201,500 the prior year.
Homes in BABBITT, MN 55706 spend an average of 63 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of September 2026, BABBITT, MN 55706 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 63 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in BABBITT, MN 55706 save an estimated $3,194 compared to a typical 5% commission on the median listing price of $159,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.