Q & A

1️⃣ What’s the average home price in Duluth, MN right now?

As of fall 2025, most single-family homes in Duluth are selling around $290,000 to $310,000, depending on location and condition. Waterfront and east-side neighborhoods tend to trend higher, while homes farther from the lake or needing updates can be found in the mid-$200Ks. The market’s still appreciating modestly year-over-year.

2️⃣ How has the Duluth housing market changed in the past year?

Duluth’s market has remained strong! Over the past 12 months, home values are up roughly 4–5%, and the average days on market is under 3 weeks. Inventory remains tight, so well-priced homes still attract multiple offers.

3️⃣ Which neighborhoods are best for first-time buyers?

For first-time buyers, I often recommend areas like Denfeld, Piedmont Heights, Lincoln Park, or East Hillside—they offer affordable homes with great character and convenient access to downtown. If you’re ready to stretch your budget a bit, Lakeside / Lester Park and Kenwood are wonderful too.

4️⃣ What are property taxes like here?

In Duluth (St. Louis County), property taxes typically run about 1.1% of a home’s assessed value. For a $300K home, that’s around $3,300 per year, give or take. The county offers a homestead exemption for owner-occupied homes that helps reduce that bill a bit.

5️⃣ What are the pros and cons of living near Lake Superior?

Lake living is incredible — nothing beats those views or the lake breeze! You’ll enjoy cooler summers, amazing sunrises, and strong resale value. The trade-off is a higher purchase price and more weather exposure — wind, salt, and moisture can be tough on siding and roofs. I always recommend thorough inspections on lakefront properties.

6️⃣ What should sellers expect for list-to-sale ratio?

Right now, homes in Duluth are selling for about 99–102% of list price. Over half of the homes I’ve listed this year have sold at or above asking when priced correctly and well presented.

7️⃣ How should someone choose the right Duluth agent?

I always tell clients to look for an agent who truly knows the neighborhoods. Ask about their local track record, average days on market, and communication style. A good Duluth agent should be able to explain our unique market trends — older homes, lake influence, snow-season selling, and more.(And of course — I’d love to be that agent for you!)

8️⃣ How long does it take to close on a home here?

Once your offer is accepted, closings in Duluth usually take 30 to 45 days. I always recommend buyers get pre-approved early, and sellers get key documents ready ahead of time so we can move quickly.

9️⃣ What are the best investment opportunities in Duluth?

Duluth’s rental market is solid — low vacancy and steady demand from students, medical staff, and tourism. Duplexes, small multifamily units, and long-term rentals near UMD or Essentia Health are strong performers. Vacation rentals near the lake can work too, though they come with licensing requirements.

🔟 What common repair issues should Duluth buyers watch for?

We have an older housing stock here — many homes are over 75 years old. Common issues include:

• Roofs and gutters affected by snow/ice dams

• Basement moisture and foundation cracks

• Outdated electrical or heating systems

• Older windows and insulationI always connect my buyers with trusted local inspectors who know what to look for.

11️⃣ What neighborhoods are most popular with families?

Lakeside / Lester Park, Woodland, Congdon Park, and Piedmont Heights are perennial favorites for families. They offer great schools, parks, and quick access to everything from Canal Park to nature trails. Each has its own charm and price range — that’s where local insight really helps.

12️⃣ Is now a good time to sell in Duluth?

Yes — it’s still a seller’s market in most price ranges. Low inventory means serious buyers are out there. If your home’s in good condition and priced right, chances are strong you’ll get top dollar. Fall and spring listings perform especially well.

13️⃣ What financing or first-time buyer programs are available?

Minnesota Housing offers excellent first-time buyer programs and down-payment assistance, and some local credit unions have incentives too. I always help my buyers connect with trusted local lenders who know the Duluth market and these programs inside-and-out.

14️⃣ Should I buy or rent right now?

If you plan to stay in Duluth for a few years, buying makes a lot of sense. Prices have been rising steadily, and owning lets you build equity instead of watching rent go up. If you’re not sure where you’ll be long-term, renting gives flexibility — but good rentals can be hard to find here!

15️⃣ How can I find homes under $300K or $400K?

I set my clients up with custom MLS alerts so they see new listings the moment they hit the market. Under $300K, you’ll find smaller starter homes or fixers. Under $400K opens up more updated options in neighborhoods like Piedmontor Lakeside. Timing and preparation are everything — many sell in days!

16️⃣ What should I know about zoning and building in Duluth?

Duluth has a mix of zoning codes (R-1, R-2, etc.) and some unique hillside and lakefront restrictions. Before buying land or planning an addition, I always advise checking with Duluth Planning & Development to confirm what’s allowed. I can help you connect with the right contacts and review zoning maps.

17️⃣ What local amenities do Duluth buyers care about most?

Buyers love our parks, trails, schools, and lake access. Canal Park, Chester Bowl, Spirit Mountain, and the Lakewalk are big draws. Walkability, good schools, and views are always top of the list. The blend of outdoor lifestyle and small-city charm is what makes Duluth so special.

18️⃣ What are the steps in buying a home here?

I guide clients through each step:1️⃣ Get pre-approved with a local lender.2️⃣ Tour homes and compare neighborhoods.3️⃣ Make an offer — quickly, when you find “the one.”4️⃣ Complete inspections and appraisal.5️⃣ Work through financing and title.6️⃣ Close and get your keys!Every transaction is a little different, but I make sure you always know what’s next.

19️⃣ How can sellers prepare their homes to get top dollar?

Clean, declutter, and make small repairs — especially to roofs, windows, and heating systems. Stage for warmth and light, and if you can, schedule professional photos on a clear day to capture those lake views! I help every seller create a custom prep checklist for their home and neighborhood.

20️⃣ What are the tax perks or implications of owning in Duluth?

Duluth homeowners can claim the Minnesota Homestead Exemption on their primary residence, which reduces property taxes. When selling, most owners qualify for the federal capital-gains exclusion on profits from a primary home. Of course, I always suggest confirming the details with your tax professional.