Baudette Housing Update: Prices Edge Up as Buyer-Leaning Conditions Persist
Baudette, MN – March 19, 2026 – Home values are modestly higher year over year, with inventory giving buyers more room to negotiate.
Home values in Baudette, MN continue to trend modestly higher, while overall conditions still favor buyers heading into spring.
Top takeaways
- Typical home value around $203K–$206K, up about 2–3% year over year.
- Median sale price recently near $210K, with gains from a year ago.
- Homes selling below list price on average, reflecting buyer leverage.
- Roughly 27–30 homes on the market late 2025.
Prices and sales
Zillow’s latest data shows the typical home value in Baudette at about $203,085, up 2.6% from a year earlier (data through late 2025). For ZIP 56623, the average value is about $205,705, up 2.5% year over year. Median list prices have been reported near $259K.
Redfin reports a recent median sale price of roughly $210K, up 16.7% from the prior year, with homes selling in about 24 days. The median price per square foot was listed near $182.
Market pace and leverage
Realtor.com characterizes Baudette as a buyer’s market as of December 2025, meaning supply outweighs demand. Homes sold for about 3.5% below asking price on average, with a sale-to-list ratio near 96%. Median days on market were reported around 140 days in late 2025, suggesting some properties are taking longer to move.
Inventory has hovered in the upper 20s to around 30 active listings, offering options across single-family homes and lakes-area properties.
What’s for sale
Current listings include smaller two-bedroom homes priced near $125K, as well as larger four-bedroom properties listed around $365K. Countywide, Lake of the Woods County shows dozens of active listings, with median asking prices near $249K and price per square foot around $182.
With modest price growth and negotiable conditions, buyers may find opportunities this spring, while sellers may need to price strategically to stand out.
Sources
What are you seeing locally — more showings, price cuts, or quicker sales?