Duluth, MN 55802 has an impressive housing market compared to the rest of the United States. The median value for housing in Duluth is an impressive $407,600 which is significantly higher than the national median at $338,100. Furthermore, the 1 year house appreciation rate in Duluth sits at a healthy 10.54% compared to 8.27% for the nation as a whole. This demonstrates that Duluth is performing above average when compared to the US and is an attractive option for buyers looking for substantial returns on their investments.
The median home cost in Duluth (zip 55802) is $407,600. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Duluth (zip 55802) is up 14.7%.
Average Age of Homes
- The median age of Duluth (zip 55802) real estate is 67 years old
The Rental Market in Duluth (zip 55802)
- Renters make up 57.3% of the Duluth (zip 55802) population
- 0.5% of houses and apartments in Duluth (zip 55802), 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.