Duluth - MN housing market
The Duluth metro has a typical home value of $264,350, up 6.6% from a year ago. Homes are moving fast at 7 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($264,350) is the Zillow Home Value Index for the Duluth - MN metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 6.6% over the past year. In Duluth - MN, that means a home worth $247,983 last year is now worth roughly $264,350.
The median sale price , what homes actually close for , is $242,570. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.
Homes listed in Duluth - MN sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.
About 17.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 421 new listings hit the market each month in Duluth - MN. There are currently 925 homes for sale, up 18.0% from a year ago.
The typical monthly rent in Duluth - MN is $1,381, up 3.7% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in MN
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Minneapolis - MN | $393,774 | +2.1% | 17.0d |