House Prices

House Prices & Home Values Beaver Bay, MN 2026


Average Data

average house price$165,900
average size per house1370 ft²
average price per ft²122 $ / ft²

04/16/2026 - The value range (VR) for house prices in Beaver Bay, MN is $121/ sqft to $121/ sqft. An average home with 1370 sqft costs approximately $165,770 to $165,770. Beaver Bay, MN includes 1 ZIP codes and it is located in Lake county. The lowest prices are found in ZIP 55601, while the highest are in ZIP 55601. The average price per sqare feet is $122. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Beaver Bay

55601124 $ / ft²




Historical development of home values in Beaver Bay

Year Estimated value (USD) Change vs. 2025
2010 $77,047 -53.6%
2011 $74,068 -55.4%
2012 $73,868 -55.5%
2013 $76,629 -53.8%
2014 $80,439 -51.5%
2015 $84,568 -49.0%
2016 $88,981 -46.4%
2017 $93,784 -43.5%
2018 $98,969 -40.3%
2019 $103,558 -37.6%
2020 $108,911 -34.4%
2021 $123,875 -25.3%
2022 $144,410 -13.0%
2023 $152,287 -8.2%
2024 $161,097 -2.9%
2025 $165,900 0.0%

Graph: estimated home values in Beaver Bay over time (USD)



Example: 100% financing house in Beaver Bay

Loan amount: $165,900

Interest rate: 6.00%

Fixed monthly payment: $994.65

Breakdown in the 1st month:
Interest portion: $829.50  –  Principal portion: $165.15

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,898.58 $2,037.27 $163,862.73
2 $9,772.93 $2,162.93 $161,699.80
3 $9,639.52 $2,296.33 $159,403.47
4 $9,497.89 $2,437.96 $156,965.51
5 $9,347.52 $2,588.33 $154,377.18
6 $9,187.88 $2,747.97 $151,629.20
7 $9,018.39 $2,917.46 $148,711.74
8 $8,838.45 $3,097.41 $145,614.34
9 $8,647.41 $3,288.45 $142,325.89
10 $8,444.58 $3,491.27 $138,834.62
11 $8,229.25 $3,706.60 $135,128.01
12 $8,000.63 $3,935.22 $131,192.79
13 $7,757.92 $4,177.94 $127,014.86
14 $7,500.23 $4,435.62 $122,579.23
15 $7,226.65 $4,709.20 $117,870.03
16 $6,936.20 $4,999.65 $112,870.38
17 $6,627.83 $5,308.02 $107,562.36
18 $6,300.44 $5,635.41 $101,926.95
19 $5,952.86 $5,982.99 $95,943.96
20 $5,583.84 $6,352.01 $89,591.95
21 $5,192.07 $6,743.79 $82,848.16
22 $4,776.12 $7,159.73 $75,688.44
23 $4,334.53 $7,601.32 $68,087.11
24 $3,865.70 $8,070.16 $60,016.96
25 $3,367.95 $8,567.91 $51,449.05
26 $2,839.50 $9,096.36 $42,352.70
27 $2,278.45 $9,657.40 $32,695.30
28 $1,682.81 $10,253.05 $22,442.25
29 $1,050.42 $10,885.43 $11,556.82
30 $379.03 $11,556.82 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Beaver Bay, MN


1500 sqft3900 sqft
Ø selling price$221,431$471,043
Ø fast selling$201,301$423,938
Ø high price sale$241,561$518,147

In 2026, houses in Beaver Bay, MN will be offered at an average price of $122 per square foot. A 1,500 sqft home priced at $221,431 is 23.53% more expensive per square foot than a 3,900 sqft home priced at $471,043. Home prices in Beaver Bay, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $326,106. Sellers who can wait longer may achieve a higher price of up to $398,575.


Beaver Bay, MN: North Shore Travel Guide

Overview

Beaver Bay, Minnesota is a picturesque North Shore community nestled where the Beaver River meets Lake Superior.
As the oldest settlement on Minnesota?s North Shore, the town blends rich history with easy access to rugged outdoor beauty.

Outdoor Recreation

Visitors come for sweeping Lake Superior views, pebble beaches, and trailheads that connect to the scenic Superior Hiking Trail.
Just up the road, Split Rock Lighthouse State Park offers iconic photo spots, shoreline hikes, and year-round wildlife watching.
The nearby Beaver River Falls roars in spring and transforms into a tranquil cascade by late summer, rewarding photographers at dawn and dusk.

Downtown & Culture

Downtown Beaver Bay features cozy eateries, smoked fish shops, and local craft galleries that highlight North Shore flavors and makers.

Seasons

In autumn, fiery maples and birches frame the lake, making leaf-peeping drives along Highway 61 especially memorable.
Winter brings snowshoeing, fat biking, and crisp stargazing, with dark skies that showcase the Milky Way and occasional northern lights.

Lodging & Planning

For convenient lodging, travelers find lakeside cabins, motels, and campgrounds that serve as basecamps for North Shore day trips.
Plan your visit to Beaver Bay, MN to experience small-town charm, fresh air adventures, and unforgettable Superior shoreline vistas.



FAQ – Home Values in Beaver Bay

What is the median home value in Beaver Bay in 2026?

In 2026, the typical home value in Beaver Bay is about $165,900 for an average home size of 1370 square feet. This corresponds to an average price of roughly $122 per square foot.

What is the average cost per square foot in Beaver Bay?

In 2026, homes in Beaver Bay sell for an average of around $122 per square foot, with a typical range between $121 and $121 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Beaver Bay is about 1370 square feet, with an estimated 2026 value around $165,900.



Locations close to Beaver Bay, MN

Brimson, MN124 $ / ft²
Finland, MN181 $ / ft²
Grand Marais, MN234 $ / ft²
Minneapolis, MN330 $ / ft²
Zimmerman, MN148 $ / ft²
Young America, MN156 $ / ft²
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