Duluth Housing Market Update: Prices Hold Firm, Inventory Steady Into Early 2026
Duluth, MN – March 7, 2026 – Home values trend higher, inventory remains tight, and properties are moving in about 25 days across the local market.
Duluth’s housing market is entering early spring with steady price growth and relatively tight inventory, according to the latest available data.
Top takeaways
- Typical home value around $279,000, up about 6% year over year.
- Median sale price recently near $294,000, with many homes selling close to list.
- Roughly 159 homes on the market at the end of January.
- Homes going pending in about 25 days on average.
Market snapshot
Zillow’s Home Value Index places the typical Duluth home at $279,279, a 6.3% annual increase (data through December 2025). Inventory stood at 159 homes for sale at the end of January, with 52 new listings that month. The median list price was about $319,617, and the median sale price in late 2025 was $294,250.
Redfin reports a median sale price near $266,000, up roughly 23% from a year earlier, with homes selling in about 25 days. Just over 42% of recent sales closed above list price, signaling continued competition for well-priced properties.
What’s for sale
Current listings span a wide range:
- Single-family homes in the $200,000–$300,000 range, including three-bedroom properties near $245,000.
- Move-up homes priced around $300,000–$400,000 in neighborhoods such as Piedmont Heights and Woodland.
- Higher-end and multi-family options reaching $700,000 and above, including larger duplex-style properties.
The City of Duluth continues to cite low vacancy rates and rising costs as key challenges, noting a need for more housing variety and infill development to meet demand across income levels.
As spring listings pick up, are you seeing more ‘for sale’ signs in your neighborhood — or are homes still moving as soon as they hit the market?
Sources
https://www.zillow.com/home-values/51758/duluth-mn/
https://www.redfin.com/city/4430/MN/Duluth
https://www.zillow.com/duluth-mn/
https://duluthmn.gov/planning-development/housing/housing-in-duluth/