Zip 55803 (Duluth, MN) Housing

The housing market in 55803 Duluth, MN is very healthy. The median house value is $299,900, which is lower than the US median value of $338,100. However, the 1-year appreciation rate in Duluth of 10.54% is higher than the national average of 8.27%. This suggests that homes in this area are increasing in value at a faster rate than other parts of the country. The combination of low prices and high appreciation make it an ideal time to invest in real estate in 55803 Duluth, MN.

The median home cost in Duluth (zip 55803) is $299,900. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Duluth (zip 55803) is up 14.7%.

Average Age of Homes

- The median age of Duluth (zip 55803) real estate is 50 years old

The Rental Market in Duluth (zip 55803)

- Renters make up 11.7% of the Duluth (zip 55803) population
- 0.5% of houses and apartments in Duluth (zip 55803), 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
	8,556.0	139,647,020.0
	55	42
	$299,900	$338,100
	14.7%	16.6%
	47.2%	57.0%
	75.8%	101.1%
	$11.72	$10.98
	$3,020	$2,690
	71.5%	57.4%
	13.0%	11.2%
	15.5%	31.4%
Vacant Housing
	0.5%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	10.1%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.6%	2.4%
	0.8%	2.8%
	1.8%	3.9%
	3.3%	4.5%
	8.4%	11.3%
	15.8%	13.0%
	33.4%	20.1%
	17.7%	13.6%
	10.3%	8.3%
	6.2%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.3%	13.6%
	9.3%	13.6%
	10.6%	13.6%
	7.7%	13.2%
	11.2%	14.8%
	10.6%	13.6%
	15.5%	10.0%
	6.4%	4.7%
	21.4%	12.2%

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