Zip 55805 (Duluth, MN) Housing

The housing market in 55805 Duluth, MN is doing quite well compared to the US average. The median value of housing in this area is $176,500, much lower than the US median of $338,100. Despite this, it still has seen a healthy appreciation rate of 10.54% over the last year, higher than the 8.27% national average. This indicates that there is strong demand for housing in this city and that those who own property there could expect to see its value increase over time.

The median home cost in Duluth (zip 55805) is $176,500. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Duluth (zip 55805) is up 14.7%.

Average Age of Homes

- The median age of Duluth (zip 55805) real estate is 78 years old

The Rental Market in Duluth (zip 55805)

- Renters make up 61.6% of the Duluth (zip 55805) population
- 2.6% of houses and apartments in Duluth (zip 55805), 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
	5,398.0	139,647,020.0
	59	42
	$176,500	$338,100
	14.7%	16.6%
	47.2%	57.0%
	75.8%	101.1%
	$10.76	$10.98
	$1,471	$2,690
	25.1%	57.4%
	10.4%	11.2%
	64.5%	31.4%
Vacant Housing
	2.6%	1.9%
	1.6%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	2.7%	2.4%
	0.7%	2.8%
	3.7%	3.9%
	11.2%	4.5%
	40.4%	11.3%
	21.2%	13.0%
	10.2%	20.1%
	1.2%	13.6%
	1.2%	8.3%
	5.2%	9.7%
	1.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	3.3%	13.6%
	4.3%	13.2%
	9.5%	14.8%
	3.3%	13.6%
	8.2%	10.0%
	3.6%	4.7%
	56.4%	12.2%

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