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Foreclosures in Beaver Bay, MN 55601

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Beaver Bay, MN Foreclosures

Current Market Conditions in in Beaver Bay, MN As of February 2026?
Over the past month, Beaver Bay's real estate market has shown signs of increased activity, with several homes receiving multiple offers, reflecting a hot market as more buyers are drawn to the area's natural appeal during the summer season. The demand for homes remains elevated, especially for properties in tranquil settings with lake proximity.
How much do homes sell for in Beaver Bay, MN?
The average home price is currently $448,250.
What’s the average rental cost in Beaver Bay, MN?
The average rental price in Beaver Bay is $1,229.
What is the most expensive home in Beaver Bay?
The most expensive home sold in Beaver Bay had a price of $1,010,608.
What is currently the cheapest priced home in Beaver Bay, MN?
The cheapest home for sale in Beaver Bay is priced at $54,983.

Living in Beaver Bay, MN

Beaver Bay, MN, is a picturesque town nestled along Lake Superior's North Shore. With stunning natural landscapes, outdoor activities, and a friendly community atmosphere, it is an ideal place for families, nature lovers, and retirees. The town offers access to parks, historical sites, and local amenities, enhancing the living experience.

Buyer vs Seller Market in Beaver Bay, MN

The real estate market in Beaver Bay is currently experiencing a mild uptick in interest, attributed to the area's natural beauty and recreational opportunities, which appeal to buyers looking for vacation homes and retirees seeking a peaceful lifestyle.

Recent trends indicate that the demand for properties with lake views and access to outdoor activities has risen, resulting in a competitive market for listings that align with these preferences.

Home Value Estimator For Beaver Bay, MN

There are currently 98 real estate properties in Beaver Bay, MN, with a median automated valuation model (AVM) price of $436,275.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Beaver Bay, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Beaver Bay, MN, is $448,250.00, with the most expensive house in Beaver Bay, MN, topping out at $1,010,608.00 and the cheapest home in Beaver Bay, MN, clocking in at $54,983.00. In other words, there’s something for every potential homebuyer or savvy investor in Beaver Bay, MN!

Rent Prices In Beaver Bay, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Beaver Bay, MN, is on a rollercoaster ride. The average rent price in Beaver Bay, MN, is $1,229.00. Indeed, when looking to rent in Beaver Bay, MN, you can expect to pay as little as $660.00 or as much as $2,000.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Beaver Bay, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Beaver Bay, MN 55601 Foreclosures


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