The housing market in 55804 Duluth, MN is a healthy one, with the median value of homes sitting at $292,800. This is significantly lower than the US House Median Value of $338,100 but still outpaces the 1 year US House Appreciation of 8.27%, with houses in Duluth seeing an appreciation of 10.54%. This indicates that the housing market in this area is growing and a wise investment for those looking to buy property in the area.
The median home cost in Duluth (zip 55804) is $292,800. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Duluth (zip 55804) is up 14.7%.
Average Age of Homes
- The median age of Duluth (zip 55804) real estate is 59 years old
The Rental Market in Duluth (zip 55804)
- Renters make up 12.5% of the Duluth (zip 55804) population
- 0.0% of houses and apartments in Duluth (zip 55804), 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.