Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
186 Duluth, MN, USA apartments for sale
Duluth
According to statistics, the population in Duluth, MN amounts to 86,066, which shows decline 0% compared to the previous year. The median age of the city’s residents is 34. The average household income is $47,227, shifting growth 3% from the past year, and the average property value in Duluth, MN growth 2% to $152,300 throughout the year.
| Population | 86,066 |
| Median Age | 33.8 |
| Poverty Rate | 20% |
| Household Income | $47,227 |
| Number Of Employees | 45,368 |
| Median Property Value | $152,300 |
Household Income
The average household income in Duluth, MN grew from $45,950 to $47,227 in the past year. This data is an estimate based upon 36,003 households in Duluth, MN . The chart below presents how household income is distributed in Duluth, MN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Duluth, MN shifted from $148,900 to $152,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Duluth, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Duluth, MN properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Duluth, MN compared to median property taxes around the country. The prevalent amount of property taxes in Duluth, MN equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Duluth, MN, USA
Average sale in Duluth: $325,335 (+4%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $221,064 | +250.6% |
| 1 bed for sale | $1,545,000 | +998.7% |
| 2 bed for sale | $252,525 | +8.1% |
| 3 bed for sale | $302,745 | +11.6% |
| 4+ bed for sale | $408,903 | +2.3% |
During Jul 2022, the average price for an apartment in/near Duluth, MN increased by 4% to $325,335.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 998.7% to $1,545,000. Asking price for 2-bed apartment also increased by 8.1% and a place of this size will now cost you $252,525. A 3-bed apartment goes for $302,745, it increased by 11.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 2.3% and made it up to $408,903.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Houses for sale | $344,931 | +8.3% |
| Land for sale | $105,988 | -2.5% |
| Condos for sale | $196,300 | -54% |
| Duplexes for sale | $202,940 | -23.7% |
| Townhouses for sale | $475,000 | +86.6% |
| Other for sale | $189,900 | N/A |
Price reports demonstrate that house price increased by 8.3% this month making it up to $344,931. Condos faced an upward trend these days. The median price for a condo decreased by 54%, it’s now available for $196,300. You can now purchase a duplex for just $202,940, duplex price decreased by 23.7% this month. The property value of townhouses increased by 86.6%, you’ll have to spend around $475,000 to get one.