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Housing in Baxter

141 homes sold in Baxter in the last year, at a typical $367K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Baxter homes are listed.

Homes sold
141
June 2025 to May 2026
Typical sale price
$367K
median, weighted by sales
Price per square foot
$178
Minnesota $190
Paid vs. asking
99%
24% sold over asking
For sale now
41
May 2026 · 7 sold that month
What sold · last 12 months

Houses are 94% of Baxter’s sales, at a typical $371K

141 homes sold in the year to May 2026.

Houses$371K

typical sale · 132 sold in 12 months

Per square foot
$182MN $191
Days to sell
36
Sold over asking
24%
Listings with a price cut
18%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $775K
Townhouses: 8 sold, typical $336K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.9 times the 2016 price

141 sales in the last year, against 184 in 2020 and a low of 115 in 2023. The typical sale went from $197K in 2016 to $367K.

Homes soldTypical sale price
050100150200$175K$250K$325K$400K2012: 116 sold, typical $155K’122013: 142 sold, typical $163K2014: 139 sold, typical $180K’142015: 159 sold, typical $173K2016: 150 sold, typical $197K’162017: 170 sold, typical $199K2018: 176 sold, typical $215K’182019: 143 sold, typical $219K2020: 184 sold, typical $239K’202021: 163 sold, typical $290K2022: 130 sold, typical $311K’222023: 115 sold, typical $341K2024: 135 sold, typical $353K’242025: 149 sold, typical $361KLast 12 months: 141 sold, typical $367KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Baxter

Houseat $182 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Baxter homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Baxter are back to pre-pandemic levels, with about as many homes for sale

We read every month of Baxter’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 141 sales.

If you’re buying in Baxter

  • Shop in April. It brings about 20 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
  • Less room to haggle. Only 18% of listings cut their price, against 30% before the pandemic.
  • Bid near asking. Buyers paid 99% of the list price on average; 24% paid over.
  • You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 36 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 23 a month), and the most competition: 38% close over asking. April offers nearly as much choice with fewer homes bid up (30%). December has the least competition (14%) but only about 5 new listings.

New listings a monthShare sold over asking
06.312.518.82513%27%40%Sweet spotJan: 8 new listings a month, 31% sold over asking, 53 days to sellJFeb: 14 new listings a month, 26% sold over asking, 62 days to sellFMar: 17 new listings a month, 30% sold over asking, 66 days to sellMApr: 20 new listings a month, 30% sold over asking, 33 days to sellAMay: 23 new listings a month, 38% sold over asking, 27 days to sellMJun: 21 new listings a month, 33% sold over asking, 25 days to sellJJul: 16 new listings a month, 30% sold over asking, 33 days to sellJAug: 18 new listings a month, 35% sold over asking, 32 days to sellASep: 15 new listings a month, 27% sold over asking, 40 days to sellSOct: 12 new listings a month, 30% sold over asking, 43 days to sellONov: 8 new listings a month, 26% sold over asking, 37 days to sellNDec: 5 new listings a month, 14% sold over asking, 58 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Minnesota

Baxter now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price24%25%43%33%
Gone within two weeksShare of homes under contract within 14 days43%35%62%42%
Listings with a price cutShare of homes for sale that cut their price18%30%31%28%
Price paid vs. askingAverage sale price ÷ list price99%98.5%100.6%99.2%
Days to sellMedian days from listing to contract36501835
Supply

39 homes for sale on a typical day

That’s 2.8 times the 2021 low (14), about the 2017–19 level and well under 2012’s 66.

2012: 66 for sale’122013: 63 for sale2014: 45 for sale2015: 56 for sale’152016: 46 for sale2017: 53 for sale2018: 39 for sale’182019: 37 for sale2020: 27 for sale2021: 14 for sale’212022: 16 for sale2023: 22 for sale2024: 37 for sale’242025: 41 for saleLast 12 months: 39 for saleNow
Room to negotiate

1 in 6 listings has cut its price

18% in the last year, against 30% in 2017–19 and 28% across Minnesota.

2015: 24%’152016: 27%2017: 28%2018: 31%’182019: 30%2020: 30%2021: 31%’212022: 27%2023: 31%2024: 27%’242025: 19%Last 12 months: 18%Now
Across Minnesota

Baxter ranks 120th of 144 busy Minnesota markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Baxter is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Baxter home costs about $2,200 a month

Mortgage
Property tax
Insurance
Rent

Price: Baxter’s typical sale, last 12 months. Property tax at Baxter’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Baxter is affordable on local pay is on Cost of living.

Before you buy in Baxter

Six things worth knowing

23

New listings in May

The month with the most choice. December has the fewest, about 5.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $367K home, about $3,430 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Baxter, from test results, graduation and how much students grow.

Schools in Baxter
19 min

Typical commute

The average one-way trip to work for people who live in Baxter.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Brainerd sells for less a square foot; East Gull Lake, Nisswa, Lake Shore, Pequot Lakes and Breezy Point for far more

The busier markets within 25 miles of Baxter, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Brainerd216$248K$16036%35
Baxter141$367K$17824%36
Breezy Point84$397K$22717%39
Nisswa62$629K$32024%54
Pequot Lakes53$423K$27125%57
Lake Shore39$968K$38923%68
East Gull Lake25$1.1M$43616%47

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Baxter, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Baxter. People who follow the town see it, and so do people comparing Baxter with their own town. No commission, no listing fee.

Questions about buying a home in Baxter

What do homes sell for in Baxter, MN?

141 homes sold in the year to May 2026 at a typical $367K, $178 a square foot.

Is Baxter a buyer’s or seller’s market?

A balanced market: 41 homes were for sale in May 2026 and 7 sold, about 5.9 months of supply. Buyers paid 99% of asking on average, and 18% of listings cut their price.

When is the best time to buy in Baxter?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Baxter?

About 0.9% of a home’s value a year. On a $367K home that’s near $3,430.

Where can I see homes for sale in Baxter?

Zillow, Redfin, Realtor.com and Homes.com all carry Baxter’s MLS listings; the search links above open each one filtered to Baxter.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).