The story of this market
The typical home in ZIP 55765 sells for about $245,100, or $130 per square foot.
Prices are up +5.65% 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 $650 a month.
ZIP 55765 — Meadowlands
The housing market in the 55767 area shows steady demand with a median price of $245,100, supported by a high homeownership rate and limited inventory. Growth is modest but consistent, driven by the area's appeal to those seeking a balance between rural living and access to the Duluth employment hub. Market conditions remain stable with a healthy sale-to-list ratio, reflecting a balanced environment for both buyers and sellers.
This area is ideal for families and outdoor enthusiasts seeking a quiet, lake-oriented lifestyle with reasonable access to regional employment hubs via I-35.
Median prices moved up 5.7% year over year.
Homes spend a median of 42 days on market with 2.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 10.6% — 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 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55767, 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.
Crime rates in the region are generally low, with the area experiencing typical rural Minnesota safety trends that compare favorably to larger urban centers like Duluth.
Schools serving the area are part of the local independent school district system, which is characterized by small class sizes and community-focused educational programming.
The area faces standard regional risks including heavy winter snowfall and occasional severe wind events, with flood risk primarily concentrated near local lake and river shorelines.
Economic momentum is driven by local healthcare, public services, and regional tourism, with infrastructure centered on the I-35 corridor connecting the area to Duluth and the Twin Cities.
Property taxes are assessed at the county level based on market value, with specific levies determined by local school district and municipal budgets; Minnesota provides a homestead credit for primary residences.
The area is primarily car-dependent, with I-35 serving as the primary artery for commuters traveling north to Duluth or south toward the Twin Cities metro area.
The area is defined by its proximity to numerous lakes, including Moosehead Lake, offering extensive opportunities for fishing, boating, and trail-based outdoor recreation.
The rental market is characterized by limited inventory and steady demand from local workers and seasonal residents, with few large-scale multi-family developments.
The local economy is anchored by healthcare services, public administration, and a mix of small-scale retail and tourism-related businesses.
Transportation is dominated by private vehicle use, with I-35 providing the primary high-speed connection to the broader Duluth-Superior metropolitan area.
Development is largely focused on small-scale residential infill and maintenance of existing infrastructure along the I-35 corridor.
The Carlton County Assessor manages property valuations, utilizing a mass appraisal system to determine annual market values for tax purposes.
Parcels are subject to county, municipal, and school district levies, with some areas served by local utility and fire protection districts.
Property insurance premiums are influenced by regional weather patterns, including winter storm and wind exposure, with market availability remaining stable.
Data aggregated from Carlton County and ZCTA-level census 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.
- Sax-Zim Bog4.710.2 mi
- Sax-Zim Bog Welcome Center4.82.6 mi
- Sax-Zim Bog4.710.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A primary local attraction for fishing, swimming, and water-based recreation.
A regional multi-use trail system popular for hiking, biking, and snowmobiling.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.