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Property-class scope

The story of this market

The typical home in ZIP 55751 sells for about $290,000, or $186 per square foot.

Prices are up +5.5% from a year ago, so sellers still have some momentum. Homes take about 20 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $700 a month.

ZIP market report · consumer edition · quarterly refresh

Track this ZIP

ZIP 55751 — Iron Junction

St. Louis County →Duluth marketrefreshed Sep 23, 2026next refresh Oct 23, 2026

Market mood · cautiously optimistic

The Duluth market shows steady activity with a median sale price of $290,000 and a moderate pace of 20 days on market. Demand remains consistent, supported by a balanced inventory level and a year-over-year price appreciation of 5.5%.

Parent geography

Iron Junction · no city intel reportSt. Louis County →Minnesota state →

Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery

Leaflet Imagery © Esri, Maxar, Earthstar Geographics

Land area · 155.9 km²Water area · 1.8 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary

Median sale price

$290,000

+5.5% year over year

Corroboration pending — anchor baseline forms on the first refresh cycles

Days on market

20 days

Active listings

752

Listings with price cuts

18%

share of active listings

Sale-to-list ratio

98.5%

of asking price

ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded

Composite · average of graded sections

Computed only from this report's published readings — sections without data are excluded, never estimated.

Growth/100

Median prices moved up 5.5% year over year.

Liquidity/100

Homes spend a median of 20 days on market with 1.5 months of supply — a fast-moving market.

Momentum/100

18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.

Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 5.7% — a stable, low-distress profile.

Census trends · population flowsACS 2019-2023 5-year estimates

Population change

+0.2%

versus the prior ACS vintage

Population base

1,388

ZCTA 55751, St. Louis County, MN

Immigration & foreign-bornU.S. Census Bureau ACS · ZIP granular

Foreign-born share

0.6%

Foreign-born residents

Naturalized (of foreign-born)

100%

Non-citizens (of population)

Entered 2010 or later (of foreign-born)

World region of birth (foreign-born)

Americas

66.7%

Asia

33.3%

ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.

Discovery profileACS 2019-2023 5-year estimates

Census profile · ZCTA 55751, St. Louis County, MN

Population

1,388

Median age

49.9 yrs

Owner-occupancy

62%

Median home value

$225,000

Median gross rent

$1,050

Median household income

$65,000

Median year built

1976

Vacancy rate

Renter share

38%

Owner cost burden

20%

Renter cost burden

45%

Population change

+0.2%

Work-from-home share

15%

Mean commute

18.5 min

Bachelor's or higher

35%

Unemployment

5.7%

Poverty rate

5.7%

Avg household size

2.3

White

88%

Black or African American

American Indian and Alaska Native

Asian

1.5%

Other

5.5%

Data retrieved from Census Bureau ZCTA-level tables.

Major amenities · ZIP 55751

Entertainment venues, stadiums & amphitheaters

1 · 20 mi

Valentini's Supper Club4.512.1 mi

Family fun & things to do

9 · 13 mi

Sax-Zim Bog4.710.1 mi
United States Hockey Hall of Fame4.77.8 mi
Redhead Mountain Bike Park4.912.3 mi
Olcott Park4.610.3 mi
Leonidas Overlook4.66.3 mi

Museums, galleries & history

4 · 20 mi

Minnesota Discovery Center4.612.5 mi
United States Hockey Hall of Fame4.77.8 mi
Greyhound Bus Museum4.313.5 mi
Minnesota Museum of Mining4.612.6 mi

Parks, trails & nature

5 · 13 mi

Sax-Zim Bog4.710.1 mi
Iron Range Off-Highway Vehicle State Recreation Area4.811.5 mi
Redhead Mountain Bike Park4.912.3 mi
Olcott Park4.610.3 mi
Eveleth Veterans Park-Campground4.67.5 mi

Golf

1 · 13 mi

Virginia Golf Course410.7 mi

Shopping & dining districts

4 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.

Sources · 3 cited

Duluth MN Housing Market: Prices by Neighborhood Duluth, MN Average Rent & Rental Market Data Duluth Real Estate Market (June 2026) — Prices, Trends & Inventory | WealthyBud

Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.