Duluth housing market: median home price and forecast
Duluth home prices reached $296,120 for a typical home in Duluth, Minnesota in September 2026, based on the Zillow Home Value Index. That was +4.6% higher than a year earlier and the highest monthly figure recorded.
- Value of a typical home
- $296,120September 2026, Zillow ZHVI
- Change over 12 months
- +4.6%. Compared with September 2025.
Duluth home prices since 2000
Duluth is shown by the steel line, while the United States is shown by the grey line. Since August 2004, the typical Duluth home rose from $141,506 to $296,120, or ×2.09, compared with ×2.13 for the US over those months. Prices reached their boom high in April 2008 at $161,595 before falling to a low of $143,580 in March 2012, −11.1%.
Duluth median home price by year
Each yearly number averages twelve monthly figures, while 2026 displays the most recent month.
| Year | Duluth | Change on the year | United States |
|---|---|---|---|
| 2005 | $149,658 | $189,732 | |
| 2006 | $159,212 | +6.4% | $206,531 |
| 2007 | $159,826 | +0.4% | $208,449 |
| 2008 | $161,085 | +0.8% | $195,574 |
| 2009 | $159,262 | −1.1% | $177,542 |
| 2010 | $155,645 | −2.3% | $171,462 |
| 2011 | $147,676 | −5.1% | $162,508 |
| 2012 | $144,647 | −2.1% | $161,137 |
| 2013 | $147,930 | +2.3% | $171,420 |
| 2014 | $152,541 | +3.1% | $182,996 |
| 2015 | $156,155 | +2.4% | $192,738 |
| 2016 | $162,732 | +4.2% | $204,509 |
| 2017 | $169,197 | +4.0% | $216,767 |
| 2018 | $177,454 | +4.9% | $230,541 |
| 2019 | $186,615 | +5.2% | $242,088 |
| 2020 | $199,678 | +7.0% | $257,151 |
| 2021 | $222,873 | +11.6% | $295,959 |
| 2022 | $247,346 | +11.0% | $340,014 |
| 2023 | $256,415 | +3.7% | $348,160 |
| 2024 | $268,584 | +4.7% | $359,751 |
| 2025 | $279,137 | +3.9% | $362,959 |
| September 2026 | $296,120 | +4.6% | $366,157 |
Current value of a Duluth home bought in any year
This estimate uses an index for a typical home; it is not an appraisal.
Each year averages twelve monthly index values. The current value shown is September 2026. Also available: home appreciation calculator.
Considering a sale? Compare local agents through Realtor.com. Advertising disclosure: links like this one may earn the site payment, though no number changes. See the disclosure.
Duluth housing market forecast
In the Duluth, MN metro, Zillow's forecast puts growth at +4.1% across the 12 months starting September 2026, and at +1.1% across the next three months. Duluth's typical value is $296,120. Applying the forecast would place it near $308,300 a year on.
For the metro, the central estimate is Zillow's, restated here; this site does not publish any forecast of its own. Forecasts like this 12-month projection have usually been off from the realised change by several percentage points, either above or below it. This is not investment advice.
Forecasts for every metro appear in one table: metro forecast table.
Duluth housing market crash risk score
Moderate, 22 of 100
The score ranks Duluth against 292 cities using five conditions that were high before earlier price falls. Each input receives a position from 0 to 100 when compared with other cities. The five positions receive an equally weighted average. It describes current conditions; it does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −37.5% | 8 | 20% |
| Time listed on market vs 2019 | −16.9% | 14 | 20% |
| Price-to-rent ratio | 17.2 | 45 | 20% |
| Price-to-income ratio | 4.3 | 37 | 20% |
| 12-month price change | +4.6% | 8 | 20% |
This is not investment advice. Scoring details for the inputs: scoring methodology. Rankings for all 292 cities: city crash-risk rankings.
Housing inventory and market time in Duluth
For September 2026 the Duluth, MN metro listed 910 homes for sale. That was +20.6% from a year earlier and −37.5% from the same month in 2019. Homes sold after a median of 59 days on the market, which was −16.9% against 2019. Price cuts applied to 20.0% of listings.
| Duluth, MN metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 910 | +20.6% |
| New listings | 352 | |
| Median days on market | 59 | +10.4% |
| Median list price | $339,200 | +7.7% |
| Share with a price cut | 20.0% |
Metro inventory from Realtor.com® Economic Research. Realtor.com data For every metro: days on market by city
Living costs in Duluth
The Zillow Observed Rent Index puts the typical asking rent in Duluth at $1,434 a month, which is +3.4% from a year earlier. The typical home's price equals 17.2 years of that rent. According to Census ACS 2024, median household income is $69,255, so the typical home costs 4.3 times a year's income. The BEA gives the metro a price level of 88.8 compared with a US average of 100, while its housing cost level is 71.1.
For moving to Duluth, review rent, prices, and the salary needed: Duluth living costs.
Other housing markets in Minnesota
- Minneapolis $328,351
- A $291,209 figure for St. Paul
- Rochester, Minnesota $340,589
State overview: Minnesota housing market.
How to read this chart
Each point gives the Zillow Home Value Index for Duluth. It measures a typical home in the market's middle third, with smoothing and seasonal adjustments, in that month's dollars. On the slider, the hollow dot identifies the selected month, while the terracotta dot shows the latest month. These figures do not account for inflation. The index tracks a typical home rather than one particular house. Use the card above or the home appreciation calculator to find a single home's value from its sale price.