Data as of March 2026. Source: Realtor.com.
The BABBITT, MN real estate market (55706) currently shows 15 active listings, with 5 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 85 days on market compared to 72 days last year.
The median listing price has risen 10.3% year-over-year, from $126,746 to $139,750.
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.
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 March 2026, there are 15 active listings in BABBITT, MN (zip code 55706), compared to 13 the prior year.
The median listing price in BABBITT, MN 55706 is $139,750 as of March 2026, a 10.3% increase from $126,746 the prior year.
Homes in BABBITT, MN 55706 spend an average of 85 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of March 2026, BABBITT, MN 55706 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in BABBITT, MN 55706 save an estimated $2,795 compared to a typical 5% commission on the median listing price of $139,750. 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.