Baxter, MN
Full City Profile · Minnesota · Crow Wing County County
3.4
/5.0
B
Good
8,804
Population
467/sq mi density
$71,272
Median Income
$41,962 per capita
$298,400
Home Value
$369,294 Zillow
$1,123
Median Rent
31.9% income on rent
42°F
Avg Temperature
173
Violent Crime/100K
3,081 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$71,272 median income, 2.1% unemployment
A
Affordability
4.3 / 5.0
$298,400 home value, $1,123/mo rent
F
Safety
1.0 / 5.0
173 violent crimes/100K
A
Education
4.0 / 5.0
37.7% bachelor's degree or higher
Housing Overview
Median Home Value
$298,400
6% above
US avg: $281,900
Median Rent
$1,123/mo
3% below
US avg: $1,163/mo
Homeownership Rate
62.0%
5% below US avg (65.4%)
Total Housing Units
3,796
Median year built: 1999
Home Value by Source
Census Median
$298,400
Zillow (ZHVI)
$369,294
Redfin Median Sale
$328,900
Median Sale Price
$328,900
Median List Price
$379,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.0%
Owner-Occupied
38.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,123/mo
Market Indicators (Redfin)
Median Sale Price
$328,900
Median Days on Market
20 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
12.9%
of listings with price reduction
Price Per Sq Ft
$225
Active Inventory
31
homes for sale
Affordability & Housing Stock
Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
62.0%
Complete Housing Data
Home Values
| Census Median Value | $298,400 |
| Zillow Home Value (ZHVI) | $369,294 |
| Redfin Median Sale | $328,900 |
| Median Sale Price | $328,900 |
| Median List Price | $379,900 |
| Price Per Sq Ft | $225 |
Rent
| Census Median Rent | $1,123 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 20 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.9% |
| Homes Sold | 9 |
| Active Inventory | 31 |
| Price Per Sq Ft | $225 |
Ownership & Stock
| Owner-Occupied | 62.0% |
| Renter-Occupied | 38.0% |
| Homeownership Rate | 62.0% |
| Total Housing Units | 3,796 |
| Median Year Built | 1999 |
| Rent Burden | 31.9% |