Checked
Baxter, MN Home Values and Rents
The typical home value in Baxter is $368,117, 121st highest of 363 cities and towns in Minnesota. Median rent is $1,154 a month.
- Typical home value
- $368,117
- 121st of 363 in MN
- Median rent
- $1,154/mo
- ACS 2020-2024
- Price change, 1 year
- +2.6%
- Sep 2026
- Homeownership
- 62.6%
- MN: 72.2%
Typical home value in Baxter
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Baxter |
|---|---|
| Sep 2026 | $368,117 |
| Dec 2025 | $361,486 |
| Dec 2024 | $348,726 |
| Dec 2023 | $339,480 |
| Dec 2022 | $334,632 |
| Dec 2021 | $304,777 |
| Dec 2020 | $261,125 |
| Dec 2019 | $235,851 |
| Dec 2018 | $223,610 |
| Dec 2017 | $217,719 |
| Dec 2016 | $208,331 |
| Dec 2015 | $198,607 |
| Dec 2014 | $182,228 |
| Dec 2013 | $172,737 |
| Dec 2012 | $163,526 |
Over five years, Baxter prices changed +24.2%.
Source: Zillow Research · Last updated 09/01/2026
Share:
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 56425 | $324,600 | $1,148 | +4.8% | +55.8% |
Fair Market Rents, FY2027
HUD rent standard for Crow Wing County, MN
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $816 | +5.7% |
| 1 bedroom | $899 | +5.3% |
| 2 bedrooms | $1,172 | +4.6% |
| 3 bedrooms | $1,407 | +4.6% |
| 4 bedrooms | $1,609 | +2.5% |
Frequently asked questions
- What is the typical home value in Baxter, MN?
- The typical home value in Baxter is $368,117 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
- How much is rent in Baxter?
- The median rent in Baxter is $1,154 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,172.
- Are home prices going up in Baxter?
- The typical home value in Baxter changed +2.6% over one year and +24.2% over five years, as of Sep 2026.
- How does Baxter compare with the rest of Minnesota?
- Baxter has the 121st highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.
- Which ZIP code in Baxter has the highest home values?
- ZIP code 56425 has the highest median home value at $324,600.