Real Estate Market Update for Duluth, MN
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was stable from one year earlier, and down 22% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just under 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 84%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 190-thousand dollars. The number of units sold decreased 33% year-over-year, and increased 100% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Duluth, MN
Area Information for Duluth, MN
  • Population: 86,611
  • Median Age: 33.17 yr
  • Median Commute Time: 13.92 mins
  • Educational Climate*: 4
  • Sales Tax: 7.875%
  • Population Density: 1,278/sq mi
  • Population Change Since 2000: .24%
  • Closest Airport: Duluth International
  • Closest College: College Of St Scholastica
  • Closest Jr. College: Lake Superior College
  • Median Household Income: $41,689
  • Annual Residential Turnover: 19.83%
  • Median Years in Residence: 4.12 yr
  • Median Home Sales Price: $124,000
  • Closest Major Sports Team: Minnesota Wild
  • Change Avg. Household Income Since 2000: 23%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Duluth, MN
Median Age: 33.17 Married: 27% Number of Households: 34,639 Households with Children: 8,641
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Duluth, MN

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      St Johns School 3.2 mi Catholic PRESCHOOL-6 0 5
      Lakewood Elementary School 3.3 mi Public K-5 3-5 5
      Homecroft Elementary School 3.3 mi Public PRESCHOOL-5 3-5 4
      Woodland Hills Academy 3.3 mi Public 6-12 0 0
      Montessori School Of Duluth 4.5 mi Private PRESCHOOL-6 0 4
      Lester Park Elementary School 4.7 mi Public K-5 4 0
      St. Michael's Lakeside School 4.9 mi Catholic PRESCHOOL-5 0 5
      East Senior High School 5.2 mi Public 9-12 4 4
      Holy Rosary School 5.6 mi Catholic K-8 0 4
      Congdon Park Elementary School 5.6 mi Public K-5 5 5
      Enweyang Ojibe Language Nest 5.7 mi Public PRESCHOOL-K 0 0
      Duluth Edison North Star Academy 5.8 mi Public K-8 0 0
      Chester Creek Academy 5.8 mi Public K-12 0 0
      Lowell Music Magnet Elementary School 6.3 mi Public K-5 2 4
      Summit Childcare Preschool 6.4 mi Private PRESCHOOL-K 0 0
      Myers Wilkins Elementary School 6.8 mi Public K-5 0 0
      The Marshall School 6.9 mi Private 4-12 0 0
      Stone Ridge Christian School 7.4 mi Private K-8 0 0
      Lakeview Christian Academy 7.4 mi Private PRESCHOOL-12 0 4
      The Bridge Transition Program 7.6 mi Public 12-12 0 0
      Special Ed. N.p. 7.6 mi Public PRESCHOOL-12 0 0
      Unity High School 7.6 mi Public 9-12 0 0
      Duluth Area Learning Center 7.6 mi Public 10-12 0 0
      Hermantown Early Childhood 7.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Harbor City International Charter School 8.0 mi Public 9-12 3 4
      North Shore Community School 8.9 mi Public PRESCHOOL-6 3 4
      Hermantown Middle School 9.4 mi Public 4-8 3-5 4
      Hermantown Senior High School 9.4 mi Public 9-12 4 4
      Hermantown Alternative Learning Prg 9.4 mi Public 9-12 0 0
      Hermantown Elementary School 9.5 mi Public K-3 3 0
      Pike Lake Elementary School 9.9 mi Public PRESCHOOL-5 3 5
      Morgan Park Middle School 10.1 mi Public 6-8 1 3
      Merritt Creek Academy 10.6 mi Public 1-12 0 0
      Denfeld Senior High School 11.1 mi Public 9-12 2 4
      Laura Macarthur Elementary School 11.5 mi Public K-5 2 4
      St James Catholic School 11.6 mi Catholic PRESCHOOL-8 0 5
      Bay View Elementary School 12.2 mi Public K-5 3 5
      Raleigh Primary/el Academy 12.4 mi Public K-5 3 5
      Proctor Area Middle School 13.2 mi Public 6-12 0 0
      Rails Academy 13.2 mi Public 9-12 0 0
      Proctor Senior High School 13.2 mi Public 9-12 2-5 5
      Bethany Crises Shelter 16.2 mi Public K-12 0 0
      Stowe Elementary School 17.7 mi Public K-5 1 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Duluth, MN
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.