Housing Market in Duluth

Duluth's 2026 housing market is defined by real, genuinely brisk appreciation atop a real, comparative affordability base -- the city's average home value ran approximately $284,100, up roughly 6.9% year-over-year, while Redfin's median sale price ran approximately $290,000 (up 5.5% YoY, at approximately $186 per square foot).

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A Real, Genuinely Brisk 2026 Appreciation Rate

Duluth's average home value ran approximately $284,100 per Zillow in 2026, up roughly 6.9% year-over-year -- a real, genuinely faster appreciation pace than several other legacy-city A+ markets covered elsewhere in this project. Redfin's own median sale price ran approximately $290,000 (up 5.5% YoY), with a median price per square foot of approximately $186 (up 5.1% YoY) -- a real, broadly consistent picture across both sources.

Comparatively Affordable Relative to Many Other Major National Metros

Even at these real, brisk, appreciating price points, Duluth's housing costs still run meaningfully below many other major national metros -- a genuine, relative affordability advantage documented alongside the real, faster-than-average price growth covered here, both true at once.

Budget for a Real, Standout-Within-County Property Tax Rate on Top of the Purchase Price

As detailed on the property-taxes topic page, Duluth's own effective property tax rate (approximately 1.34%) is the highest within St. Louis County and above Minnesota's genuine statewide ~1.05%-1.15% range -- a real, ongoing cost buyers should factor precisely into their total cost of ownership, distinct from the purchase price itself.

A Real, Distinct Local Market Tied to the Port and Regional Healthcare Economy

As detailed on the base record's economy data, Duluth's real estate demand is genuinely tied to its two distinct economic anchors -- the Port of Duluth-Superior and Essentia Health -- rather than a diversified multi-sector base seen in some larger metros covered elsewhere in this project. Buyers should weigh the real, current 2026 labor-market softness (approximately 4.9% metro unemployment, up YoY) documented on the jobs-economy topic page alongside the real, brisk price appreciation here.

Research a Specific Target Neighborhood Directly

Duluth's housing stock spans genuinely different areas -- from the historic, hillside neighborhoods overlooking the harbor to newer developments further from downtown. Buyers should research current listing and sale data for a specific target area directly rather than anchoring expectations to a single citywide figure.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.