Housing · Babbitt
Babbitt, MN housing market
The typical Babbitt home is worth about $152,000, up 6.6% in a year, 57% below the Minnesota typical home.
Home values, sales, trends and how Babbitt compares with the towns next door — updated as new data is published.
The market right now
Babbitt at a glance
Typical home value
$152K
▲ 6.6% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
BabbittMinnesota
Show as a table
| January | Babbitt | Minnesota |
|---|---|---|
| 2017 | $77,000 | $217,000 |
| 2018 | $81,000 | $232,000 |
| 2019 | $83,000 | $246,000 |
| 2020 | $90,000 | $259,000 |
| 2021 | $102,000 | $282,000 |
| 2022 | $123,000 | $313,000 |
| 2023 | $133,000 | $325,000 |
| 2024 | $140,000 | $331,000 |
| 2025 | $145,000 | $341,000 |
| 2026 | $147,000 | $349,000 |
| August 2026 | $152,000 | $351,000 |
Next door
Babbitt and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Babbitt | $152K | +6.6% | — | $55,875 |
| Hoyt Lakes | $130K | +4.1% | — | $65,764 |
Affordability
2.7 years of income
The typical Babbitt home costs about 2.7 years of the town's median household income, less than across Minnesota (3.9 years).
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
87.4%
Minnesota: 72.2%
Median tax bill
$879
Minnesota: $3,357
Median rent
$737
Minnesota: $1,280
Typical home built
1959
Minnesota: 1979
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.