Population: 1,716 · Density: 4.9/mi² · Median household income: $56,250
Typical home value: $94,797 · Homeownership: 85.5%
Data as of January 2026. Source: Realtor.com.
The BABBITT, MN real estate market (55706) currently shows 12 active listings, with 2 pending sales. Homes are averaging 145 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 145 days on market compared to 97 days last year.
The median listing price has risen 3.7% year-over-year, from $142,700 to $148,000.
Whether you are buying or selling in BABBITT, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55706 | Babbitt, MN 55706 | 0.0 mi | 12 | $2,495,868 | $148,000 | $207,989 |
| 55732 | Embarrass, MN 55732 | 12.5 mi | 3 | $1,445,850 | $481,950 | $481,950 |
| 55705 | Aurora, MN 55705 | 19.7 mi | 20 | $3,199,260 | $155,000 | $159,963 |
| 55708 | Biwabik, MN 55708 | 20.8 mi | 3 | $491,400 | $172,500 | $163,800 |
| 55731 | Ely, MN 55731 | 23.7 mi | 44 | $23,783,012 | $359,000 | $540,523 |
| 55741 | Gilbert, MN 55741 | 25.2 mi | 11 | $3,430,306 | $364,450 | $311,846 |
| 55763 | Makinen, MN 55763 | 26.9 mi | 6 | $2,239,500 | $367,000 | $373,250 |
| 55734 | Eveleth, MN 55734 | 32.4 mi | 16 | $2,909,216 | $148,067 | $181,826 |
| 55710 | Britt, MN 55710 | 34.6 mi | 2 | $899,000 | $449,500 | $449,500 |
| 55603 | Finland, MN 55603 | 36.5 mi | 4 | $1,508,400 | $342,000 | $377,100 |
| 55703 | Angora, MN 55703 | 38.8 mi | 1 | $299,000 | $299,000 | $299,000 |
| 55713 | Buhl, MN 55713 | 40.1 mi | 5 | $1,139,165 | $220,000 | $227,833 |
| 55719 | Chisholm, MN 55719 | 43.0 mi | 18 | $3,145,158 | $139,900 | $174,731 |
As of January 2026, there are 12 active listings in BABBITT, MN (zip code 55706), compared to 11 the prior year.
The median listing price in BABBITT, MN 55706 is $148,000 as of January 2026, a 3.7% increase from $142,700 the prior year.
Homes in BABBITT, MN 55706 spend an average of 145 days on the market before going under contract, compared to 97 days the prior year.
Based on current inventory and days-on-market data as of January 2026, BABBITT, MN 55706 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 145 days on market compared to 97 days last year.
With SELL123.com's maximum 3% commission, sellers in BABBITT, MN 55706 save an estimated $2,960 compared to a typical 5% commission on the median listing price of $148,000. 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.