Babbitt Real Estate Market

Babbitt Market

The median sale price for homes in Babbitt over the last 12 months is $84,000.


The median mortgage debt is $61,719.

Additional Statistics for Single Family Homes and Condos in Babbitt, MN
$99,250
Median Listing Price
190
Median Days on Market
62
Active Listings
1.6%
Distressed Listings
(foreclosures and short sales)
Babbitt, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Babbitt is $99,250. The list prices dropped by -0.25% from the previous month.

The price per square foot for listings in this area is $73.

The median sale price in December for single family homes is $65,366. The sale prices increased by 34.04% from the previous month.

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Babbitt, MN Market Inventory Trends

The number of active listings in Babbitt increased by 10.7% from the previous month.

The median number of days active properties have been listed is 190. This is much longer than the national average.

The number of sales in December dropped by 66.7% from the previous month.

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Babbitt, MN Property Ownership

The percent of owner occupied properties in Babbitt is 15.65% above the national average.

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