The story of this market
The typical home in ZIP 55812 sells for about $362,450, or $226 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,170 a month.
ZIP 55812 — Duluth
The 55812 housing market remains competitive with steady price appreciation and low inventory levels. Demand is driven by the area's desirability and proximity to major employment hubs, though rising costs are impacting affordability for some buyers. The market is currently characterized by a seller-leaning environment with consistent sales activity.
This ZIP is ideal for families and professionals seeking a balance of urban amenities and natural beauty. It appeals to those who value proximity to the lake and the city's educational and medical hubs.
Median prices moved up 5.2% year over year.
Homes spend a median of 40 days on market with 7.2 months of supply — a balanced-paced 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 6.6% · poverty 25.6% — a mixed stability 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 7.1%/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 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55812, 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 in Duluth is generally consistent with regional averages for a city of its size, with property crime being the primary concern. Neighborhood-level safety varies, but the area is considered stable compared to larger metropolitan centers.
Schools serving the area are part of the Duluth Public Schools system, which provides a range of educational options. Performance ratings are generally moderate, reflecting the district's focus on diverse student needs.
The area faces typical northern climate risks, including heavy winter snowfall and potential for wind damage. Flood risk is localized primarily near the Lake Superior shoreline and specific creek corridors.
Economic momentum is driven by healthcare, education, and tourism sectors, with major employers like Essentia Health and the University of Minnesota Duluth. Infrastructure projects focus on maintaining the city's historic hillside and waterfront connectivity.
Property taxes are assessed by St. Louis County based on market value, with rates influenced by city, county, and school district levies. Minnesota provides a homestead credit for owner-occupied primary residences.
Commutes are generally efficient, with major corridors like I-35 providing access to downtown Duluth and the surrounding region. Public transit via the Duluth Transit Authority serves the area, though personal vehicles remain the primary mode of transport.
The area offers exceptional access to Lake Superior, with numerous parks, hiking trails, and proximity to the Lakewalk. Shopping and dining are concentrated in the nearby Miller Hill area and downtown districts.
The rental market is characterized by steady demand, particularly from students and medical professionals. Vacancy rates remain low, and short-term rentals are regulated under city ordinances.
The economy is anchored by the healthcare and education sectors, with significant contributions from shipping and tourism. The area benefits from a stable employment base centered around major regional institutions.
The area is served by a network of arterial roads and the Duluth Transit Authority bus system. I-35 serves as the primary highway corridor for regional connectivity.
Development is focused on infill projects and the revitalization of historic residential and commercial districts. City planning emphasizes sustainable growth and waterfront access.
St. Louis County Assessor manages property valuations, utilizing a mass appraisal system to determine market value for tax purposes.
Parcels are subject to Duluth Public Schools (ISD 709) and various municipal utility districts for water and sewer services.
Property insurance premiums are influenced by regional weather risks, including winter storm exposure and fire risk in wooded areas.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Skyline Social & Games4.56 mi
- Sky Zone Trampoline Park4.46.1 mi
- Adventure Zone Family Fun Center4.12.2 mi
- World of Wheels Skate Center4.66.1 mi
- Duluth Entertainment Convention Center4.42.3 mi
- Va Bene4.61.4 mi
- Sir Benedicts Tavern on the Lake4.71.3 mi
- Bayfront Festival Park4.72.7 mi
- Skyline Social & Games4.56 mi
- Great Lakes Aquarium4.52.5 mi
- Spirit Mountain Recreation Area4.19.4 mi
- Glensheen Mansion4.71 mi
- Lake Superior Zoo4.28.1 mi
- Aerial Lift Bridge4.82.4 mi
- Glensheen Mansion4.71 mi
- Enger Tower4.93.5 mi
- Lake Superior Railroad Museum4.72.5 mi
- North Shore Scenic Railroad4.32.5 mi
- Studio Café4.82.1 mi
- Spirit Mountain Recreation Area4.19.4 mi
- Enger Park4.83.5 mi
- Bayfront Festival Park4.72.7 mi
- Leif Erikson Park4.71.1 mi
- Hartley Nature Center4.82.1 mi
- Lakehead Boat Basin4.52.6 mi
- Spirit Lake Marina & RV Park4.49.5 mi
- Knife River Marina4.716.5 mi
- Barker's Island Marina4.46.5 mi
- Lake Superior4.7248.6 mi
- Nemadji Golf Course4.49.4 mi
- Pike Lake Golf & Beach4.210.8 mi
- Enger Park Golf Course43.7 mi
- Northland Country Club4.61.5 mi
- Grand View Golf Links4.311.8 mi
- Miller Hill Mall4.24.3 mi
- T.J. Maxx4.24.9 mi
- Fleet Farm4.25.4 mi
- Kohl's4.24.7 mi
- JCPenney44.4 mi
- Duluth International Airport4.35.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Scenic multi-use trail along the Lake Superior shoreline.
Historic park featuring gardens and lake views.
Major regional university and cultural anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.