Housing in Baxter, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$359,900

Median List Price

$357,297

Price Per Sq Ft

$209

Days on Market

49

Active Inventory

29

Months of Supply

5.8

Balanced market

Zillow Home Value

$351,471

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 7.0%List Price 6.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

20.0%

Sale-to-List Ratio

100.2%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
20.0%
Listings with Price Drops
17.2%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

4

Pending Sales

5

Homes Sold 16.7%New Listings 73.3%Pending 64.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$209

Median List $/SF

$196

Sale $/SF 3.0%List $/SF 11.4%Mar 24Jan 26

Baxter vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Baxter is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$298,400

Median Rent

$1,123

Total Housing Units

3,921

Vacancy Rate

3.8%

Owner Occupied

62.0%

Renter Occupied

38.0%

Median Property Tax

$2,756

per year

Monthly Cost (w/ Mortgage)

$1,336

Housing Types

Single Family
67.8%
Multi-Family
30.9%
Mobile Home
1.3%

The current median sale price in Baxter, MN is $359,900 according to Redfin data. Homes spend a median of 49 days on the market. 40.0% of homes sold above asking price. The market has 5.8 months of supply. The median price per square foot is $209. The median rent is $1,123 per month (Census ACS). About 62.0% of housing units are owner-occupied. The median year homes were built is 1999. There are 3,921 total housing units.