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Buying a Home in Ely, Babbitt, Aurora & Tower When Inventory Is Low

If you’ve been searching for homes in Ely, Babbitt, Aurora, or Tower, you’ve probably noticed something:

Inventory can be tight—especially in winter.

But fewer listings doesn’t mean you should wait. With the right strategy, buyers can still find great opportunities across Northern Minnesota.

1. Get Pre-Approved FIRST

In small markets like ours, good homes move fast. Being pre-approved:

  • Shows sellers you’re serious
  • Strengthens your offer
  • Helps you know your true budget

Local lenders who understand Iron Range properties, wells, and septics make a huge
difference.

2. Be Open to Possibilities

The perfect home might be:

  • A house that needs minor updates
  • A property just outside Ely city limits
  • Something in Babbitt, Aurora, or Tower instead

Expanding search areas often reveals hidden gems.

3. Watch for Off-Market Opportunities

Not every home in Northern Minnesota is on Zillow. At z’Up North Realty we often know about:

  • Upcoming listings
  • “Coming soon” properties
  • Sellers considering a move

Working with a local agent gives you access before the crowd.

4. Understand Winter Showings

Buying in January is different:

  • Snow can hide landscaping
  • Septic systems may be frozen
  • Ice dams and heating systems matter

We help buyers look past seasonal challenges to see a home’s true potential.

5. Don’t Wait for “Spring Prices”

Historically in Ely, Babbitt, Aurora, and Tower:

  • Prices often rise in spring
  • Competition increases
  • Negotiating gets tougher

Buying now can mean better terms and less pressure.

Ready to Start Your Search?

Whether you’re dreaming of a home near the Boundary Waters in Ely, a family place in Babbitt, a quiet property in Aurora, or a lake getaway near Tower—our team lives and works here.

Tell us what you’re looking for and we’ll help you navigate today’s Northern Minnesota market with confidence.