MN · Metro #171

Duluth - MN housing market

The Duluth metro has a typical home value of $270,683, up 6.0% from a year ago. Homes are moving fast at 10 days on market, a strong seller's market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$270,683
+6.0% vs. year ago
Median sale price
$248,774
+5.0% YoY
Median list price
$326,633
Sale-to-list ratio
99.9%
Selling below ask
Days on market
10d
Listings w/ price cut
24.3%
New listings / mo
501
+6.1% YoY
Homes for sale
1,227
+13.4% YoY
Typical rent
$1,351/mo
+3.2% YoY
Rent vs buy
16.7x
Context

How to read this data

The typical home value ($270,683) 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 6.0% over the past year. In Duluth - MN, that means a home worth $255,361 last year is now worth roughly $270,683.

The median sale price, what homes actually close for, is $248,774. Homes are selling at 99.9% of list price, meaning buyers have room to negotiate.

Homes listed in Duluth - MN sit on the market for roughly 10 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 501 new listings hit the market each month in Duluth - MN. There are currently 1,227 homes for sale, up 13.4% from a year ago.

The typical monthly rent in Duluth - MN is $1,351, up 3.2% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.7x, toss-up (#108 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,392 a month in principal and interest, $41 more than renting before taxes, insurance and upkeep. The two break even at a 6.38% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in MN

MetroHome value1-yr changeDays on market
Minneapolis - MN$394,711 +1.9% 20.0d
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