The housing in Duluth, Minnesota (55812) is a great investment. The median value of homes in the area is $288,900, which is significantly lower than the US housing median of $338,100. In the last year alone, home appreciation has been 10.54%, almost two points higher than the US's 8.27%. This makes Duluth an ideal choice for those looking to invest in a home, as prices are low and appreciation is high.
The median home cost in Duluth (zip 55812) is $288,900. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Duluth (zip 55812) is up 14.7%.
Average Age of Homes
- The median age of Duluth (zip 55812) real estate is 78 years old
The Rental Market in Duluth (zip 55812)
- Renters make up 48.7% of the Duluth (zip 55812) population
- 3.7% of houses and apartments in Duluth (zip 55812), 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.