Duluth - MN housing market
The Duluth metro has a typical home value of $268,805, up 6.4% from a year ago. Homes are moving fast at 7 days on market, a strong seller's market. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($268,805) 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 6.4% over the past year. In Duluth - MN, that means a home worth $252,636 last year is now worth roughly $268,805.
The median sale price , what homes actually close for , is $245,145. Homes are selling at 99.0% 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 20.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 494 new listings hit the market each month in Duluth - MN. There are currently 1,095 homes for sale, up 16.0% from a year ago.
The typical monthly rent in Duluth - MN is $1,342, up 3.2% year over year. For investors, the price-to-rent ratio here is roughly 17x 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 | $395,726 | +2.1% | 17.0d |