The story of this market
The typical home in ZIP 55718 sells for about $391,150, or $226 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $955 a month.
ZIP 55718 — Carlton
The 55718 housing market is characterized by low inventory and steady demand, with prices reflecting the broader Duluth-area appreciation trend. Limited supply is driving competitive conditions for well-priced homes, though the market remains sensitive to regional economic shifts.
This ZIP is ideal for family buyers and outdoor enthusiasts who prioritize access to state parks and nature over urban density, while remaining within commuting distance of Duluth.
Median prices moved up 5.9% year over year.
Homes spend a median of 42 days on market with 1.0 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 4.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55718, Carlton County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Carlton School District, which provides a small-town educational environment.
The region is subject to standard northern Minnesota climate risks, including heavy winter snowfall and potential for localized flooding near the St. Louis River.
Economic momentum is tied to the broader Duluth-Superior regional economy, with local activity focused on residential development and outdoor recreation access.
Property taxes are assessed at the county level in Carlton County, with rates determined by local school district levies and municipal requirements.
Residents typically rely on personal vehicles for commutes, with access to the Duluth employment core via I-35.
The area features significant access to outdoor amenities, including Jay Cooke State Park, local trails, and proximity to the St. Louis River for fishing and boating.
The rental market is characterized by limited inventory and steady demand from those seeking proximity to outdoor recreation and the Duluth metro area.
The local economy is supported by regional tourism, forestry, and proximity to the Duluth-Superior industrial and service sectors.
Parcels are subject to Carlton County property tax levies and the Carlton School District.
Property insurance premiums are influenced by regional wildfire risk and winter-related structural exposure.
Data retrieved from census.gov ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Sky Zone Trampoline Park4.418.3 mi
- World of Wheels Skate Center4.620 mi
- Black Bear Casino Resort3.93.1 mi
- Buffalo House4.511 mi
- Mont du Lac Resort4.310.5 mi
- Clyde Iron Works4.419.8 mi
- Sky Zone Trampoline Park4.418.3 mi
- Jay Cooke State Park4.97.4 mi
- Mont du Lac Resort4.310.5 mi
- Swinging Bridge - Jay Cooke State Park4.96.6 mi
- Chambers Grove4.710.7 mi
- Gas station designed by Frank Lloyd Wright4.77 mi
- Gas station designed by Frank Lloyd Wright4.77 mi
- BB + Friends4.817.8 mi
- Lake Superior And Mississippi Railroad4.816.5 mi
- Jay Cooke State Park4.97.4 mi
- Gordy's Hi-Hat4.77.8 mi
- Chambers Grove4.710.7 mi
- Gordy's Warming House4.77.7 mi
- Veterans Park4.67.2 mi
- Spirit Lake Marina & RV Park4.415.3 mi
- Grand View Golf Links4.312.4 mi
- Black Bear Golf Course43.2 mi
- L&M Fleet Supply4.56.4 mi
- Duluth International Airport4.321.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major state park featuring hiking trails, river views, and historic CCC structures.
Provides extensive opportunities for fishing, kayaking, and scenic recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.