What is the median home value in Beaver Bay Township, MN?
The median value of owner-occupied homes in Beaver Bay Township, MN is $294,000 (±$51,829), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Beaver Bay Township, the median home value went from $207,100 in 2015–2019 to $294,000 in 2020–2024 (+42.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $294,000 (±$51,829)
- Owner-occupied homes
- 276 (±63)
- Most common range
- $200,000 to $299,999
Home values in Beaver Bay Township
| Value | Beaver Bay Township | Lake County | Minnesota | United States |
|---|---|---|---|---|
| Less than $50,000 | 3.3% (±3.8 points) | 3.6% | 4.0% | 5.3% |
| $50,000 to $99,999 | 0.7% (±1.3 points) | 4.7% | 3.7% | 6.1% |
| $100,000 to $149,999 | 1.1% (±1.9 points) | 11.8% | 5.2% | 6.8% |
| $150,000 to $199,999 | 13.0% (±7.0 points) | 16.8% | 8.1% | 9.0% |
| $200,000 to $299,999 | 33.0% (±11.8 points) | 24.4% | 22.6% | 17.8% |
| $300,000 to $499,999 | 26.8% (±9.5 points) | 23.1% | 36.9% | 26.9% |
| $500,000 to $999,999 | 11.2% (±6.5 points) | 13.3% | 17.0% | 20.9% |
| $1,000,000 or more | 10.9% (±8.3 points) | 2.3% | 2.6% | 7.1% |
The most common range is $200,000 to $299,999, 33.0% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Beaver Bay Township against Lake County, its state and the nation
| Beaver Bay Township | Lake County | Minnesota | United States | |
|---|---|---|---|---|
| Median home value | $294,000 (±$51,829) | $241,300 (±$10,335) | $329,300 (±$903) | $332,700 |
| Owner-occupied homes | 276 (±63) | 4,125 (±167) | 1,666,687 (±7,556) | 84,210,142 |
In Beaver Bay Township, the median home value is not measurably different from Lake County ($241,300).
It is not measurably different from Minnesota ($329,300).
It is not measurably different from the national figure ($332,700).
In Lake County, Beaver Bay Township ranks 3 of 8 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 915 of 2,558.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Beaver Bay Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $207,100 (±$74,923) | $294,000 (±$51,829) | +42.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,625 (±$959) | $1,647 (±$90) | +1.4% | No measurable change after inflation |
| Median real estate taxes | $1,571 (±$420) | $1,766 (±$132) | +12.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Beaver Bay Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Beaver Bay Township | — | $294,000 (±$51,829) | — |
| Silver Bay | 6.1 mi | $158,900 (±$7,456) | Lower |
| Beaver Bay | 8.4 mi | $238,200 (±$35,262) | Not measurably different |
| Silver Creek Township (Lake County) | 16 mi | $369,900 (±$38,002) | Higher |
| Crystal Bay Township | 18 mi | $221,200 (±$54,731) | Not measurably different |
| Stony River Township | 22 mi | $213,200 (±$52,235) | Lower |
| Schroeder Township | 27 mi | $405,600 (±$182,238) | Not measurably different |
| Pequaywan Township | 29 mi | $355,000 (±$47,678) | Not measurably different |
| Fairbanks Township | 29 mi | $283,000 (±$32,098) | Not measurably different |
Nearby places with a measurably lower figure: Silver Bay, MN ($158,900), Stony River Township, MN ($213,200).
Nearby places with a measurably higher figure: Silver Creek Township (Lake County), MN ($369,900).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Lake County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Fall Lake Township | $430,500 (±$50,608) |
| 2 | Silver Creek Township (Lake County) | $369,900 (±$38,002) |
| 3 | Beaver Bay Township | $294,000 (±$51,829) |
| 4 | Beaver Bay | $238,200 (±$35,262) |
| 5 | Crystal Bay Township | $221,200 (±$54,731) |
| 6 | Stony River Township | $213,200 (±$52,235) |
| 7 | Two Harbors | $206,800 (±$15,458) |
| 8 | Silver Bay | $158,900 (±$7,456) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Beaver Bay Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Beaver Bay Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Beaver Bay Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Beaver Bay Township, and send estimates and invoices from your phone.
Questions about Beaver Bay Township
What is the average home value in Beaver Bay Township, MN?
The Census Bureau publishes the median: $294,000 (±$51,829) for owner-occupied homes in Beaver Bay Township (2020–2024 American Community Survey).
Have home values in Beaver Bay Township gone up?
In Beaver Bay Township, the median home value went from $207,100 in 2015–2019 to $294,000 in 2020–2024 (+42.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Beaver Bay Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Beaver Bay township, Lake County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Beaver Bay township, Lake County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Beaver Bay township, Lake County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Beaver Bay township, Lake County, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Beaver Bay township, Lake County, Minnesota (county subdivision:04474, in state:27 county:075).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Beaver Bay Township at a glance
- Income and affordability in Beaver Bay Township
- Homeowner costs in Beaver Bay Township
- Property taxes in Beaver Bay Township
- Types of homes in Beaver Bay Township
- Bedrooms in Beaver Bay Township
- Age of homes in Beaver Bay Township
- Heating fuel in Beaver Bay Township
- Commute and cars in Beaver Bay Township
- Minnesota landlord and tenant rules
- Housing across Lake County
- Minnesota places ranked by median home value
- Housing data for every place in Minnesota