Duluth Metro Area, MN Housing

The housing market in Duluth, MN Metro Area is strong and growing. The median value of houses is $200,800 which is significantly lower than the US median value of $338,100. However, the one year appreciation rate for housing in Duluth, MN Metro Area is 9.24%, which is higher than the US average of 8.27% making it a great investment opportunity for buyers and sellers alike. With these numbers it's no wonder that people are flocking to the Duluth area to build their lives.

The median home cost in Duluth Metro Area is $200,800. Home appreciation the last 10 years has been 68.9%. Home Appreciation in Duluth Metro Area is up 14.0%.

Average Age of Homes

- The median age of Duluth Metro Area real estate is 54 years old

The Rental Market in Duluth Metro Area

- Renters make up 23.7% of the Duluth Metro Area population
- 1.4% of houses and apartments in Duluth Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Duluth, Minnesota	United States
	149,515.0	139,647,020.0
	56	42
	$200,800	$338,100
	14.0%	16.6%
	49.9%	57.0%
	68.9%	101.1%
	$11.69	$10.98
	$1,986	$2,690
	60.0%	57.4%
	17.7%	11.2%
	22.3%	31.4%
Vacant Housing
	1.4%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	11.7%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	2.5%	2.4%
	4.1%	2.8%
	6.0%	3.9%
	7.7%	4.5%
	18.9%	11.3%
	19.1%	13.0%
	20.9%	20.1%
	9.5%	13.6%
	4.5%	8.3%
	3.3%	9.7%
	0.6%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.7%	13.6%
	9.7%	13.6%
	9.5%	13.6%
	7.9%	13.2%
	14.6%	14.8%
	9.5%	13.6%
	12.9%	10.0%
	6.4%	4.7%
	26.4%	12.2%

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