The story of this market
The typical home in ZIP 55769 sells for about $316,000, or $186 per square foot.
Prices are up +9% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $777 a month.
ZIP 55769 — Nashwauk
The housing market in ZIP 55769 is showing strong growth with a 9% year-over-year increase in median sales price. Low inventory and steady demand are driving competitive conditions, as evidenced by a short 41-day median time on market. The area remains attractive to buyers due to its balance of affordability and access to regional employment hubs.
This area is well-suited for family buyers and professionals seeking a balance between affordability and access to outdoor recreation. It also attracts investors looking for stable rental demand from the local university and healthcare workforce.
Median prices moved up 9.0% year over year.
Homes spend a median of 41 days on market with 1.8 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 97.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.0% · poverty 10.7% — 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 6.1%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55769, St. Louis 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 Duluth area are generally consistent with regional averages for mid-sized Midwestern cities, with property crime being the primary concern. Local law enforcement maintains active community outreach programs to address neighborhood safety.
Schools serving the area are part of the Duluth Public Schools district, which provides a range of academic and extracurricular programs. Performance ratings are generally stable, reflecting the district's focus on student growth and college readiness.
The area faces standard regional risks including heavy winter snowfall and occasional severe summer storms. Flood risk is localized to specific low-lying areas near water bodies, and property insurance remains available through standard carriers.
Economic momentum is driven by the healthcare, education, and logistics sectors, anchored by major employers like Essentia Health and the University of Minnesota Duluth. Infrastructure investment remains focused on maintaining regional transit corridors and utility upgrades.
Property taxes are assessed by St. Louis County based on market value, with rates determined by local school district, city, and county levies. Homestead exemptions are available for primary residences to reduce the effective tax burden.
Commutes are primarily car-dependent, with residents utilizing major corridors like I-35 to reach employment hubs in downtown Duluth. Public transit options are available but limited in frequency for suburban ZIP code areas.
The area offers extensive access to outdoor amenities, including proximity to Lake Superior, numerous public parks, and trail systems for hiking and biking. Shopping and dining are concentrated in nearby commercial districts within a short drive.
The rental market is characterized by steady demand and low vacancy rates, driven by the local student population and workforce. Short-term rental activity is present but regulated by city ordinances.
The economy is anchored by healthcare, higher education, and tourism. Major employers include Essentia Health, St. Luke's, and the University of Minnesota Duluth.
The area is served by a network of highways including I-35 and US-53, facilitating regional connectivity. Public transit is provided by the Duluth Transit Authority.
Development is focused on urban infill and the revitalization of the downtown and waterfront districts. Infrastructure projects include ongoing road improvements and utility modernization.
The St. Louis County Assessor's office conducts annual market value assessments for all residential properties. Assessments are based on comparable sales and property characteristics.
Parcels are subject to levies from the Duluth Public Schools, St. Louis County, and the City of Duluth. Special utility districts may apply in specific areas for water and sewer services.
Property insurance premiums are influenced by regional weather risks, including winter storm damage and wind. Market health is stable with multiple national carriers providing coverage.
Data retrieved from data.census.gov using ZCTA 55769 profile.
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.
- Valentini's Supper Club4.513.7 mi
- Bennett Park4.512.5 mi
- Greyhound Bus Museum4.312.2 mi
- Hibbing Bowling Center412.7 mi
- Minnesota Discovery Center4.613.1 mi
- Greyhound Bus Museum4.312.2 mi
- Minnesota Museum of Mining4.613.2 mi
- McCarthy Beach State Park4.712 mi
- Bennett Park4.512.5 mi
- Hibbing Dog Park4.411.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A scenic multi-use trail along the Lake Superior shoreline.
Features a historic tower and panoramic views of the city and harbor.
The primary regional shopping destination for the Duluth area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.