The story of this market
The typical home in ZIP 55706 sells for about $184,578, or $287 per square foot.
Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $737 a month.
ZIP 55706 — Babbitt
The housing market in ZIP 55706 (Aitkin) reflects a small-town rural profile with a median home value of approximately $184,578. Market activity is limited, with inventory levels and sales pace indicating a stable but quiet environment compared to larger regional hubs like Duluth.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 82 days on market with 0.0 months of supply — a balanced-paced market.
36% of listings have cut prices · homes sell at 0% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 13.8% — a stable, low-distress profile.
ZCTA 55706, Aitkin County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from Zips.us.com and Census Bureau profiles for Aitkin, MN.
- Grand Ely Lodge Resort & Event Center4.616 mi
- Northern Grounds4.615.3 mi
- North American Bear Center4.814.8 mi
- Dorothy Molter Museum4.715.8 mi
- Bear Head Lake State Park4.89.4 mi
- Timber Bay Lodge & Houseboats4.72.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.