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DULUTH, MN 55812

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The DULUTH, MN real estate market (55812) currently shows 14 active listings, with 5 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 35 days on market compared to 45 days last year.

The median listing price has risen 28.4% year-over-year, from $349,975 to $449,450.

Whether you are buying or selling in DULUTH, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,391  ·  Density: 2,272.0/mi²  ·  Median household income: $63,920

Typical home value: $274,369  ·  Homeownership: 45.1%

Market Overview

Active Listings
14
⇩ 22.2% vs 18 last year
Pending
5
36% pending ratio
Median Price
$449,450
⇧ 28.4% vs $349,975 last year
Average Price
$502,650
⇧ 4.7% vs $480,058 last year
Days on Market
35
⇩ 22.2% vs 45 days last year

Price Per Square Foot

Median $/sqft
$153
⇩ 20.3% vs $192/sqft last year
Median Home Size
2,181 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 18 last year
  • Days on market: 35 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $449,450 (+28.4% YoY)
  • Average: $502,650 (+4.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.3 miles — 92 listings ($32,095,777 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55812Duluth, MN 558120.0 mi10$5,799,290$550,000$579,929
55806Duluth, MN 558063.9 mi7$1,312,150$187,450$187,450
55807Duluth, MN 558076.9 mi16$4,437,440$244,450$277,340
55810Duluth, MN 5581010.1 mi15$3,386,700$224,999$225,780
55808Duluth, MN 5580812.0 mi9$3,157,947$220,000$350,883
55803Duluth, MN 5580315.3 mi22$8,940,514$312,450$406,387
55609Knife River, MN 5560917.2 mi0$0$479,900$479,900
55779Saginaw, MN 5577919.1 mi4$1,375,868$260,000$343,967
55717Canyon, MN 5571722.0 mi1$249,900$249,900$249,900
54854Maple, WI 5485422.6 mi1$185,000$185,000$185,000
54836Foxboro, WI 5483626.8 mi1$272,500$272,500$272,500
55724Cotton, MN 5572428.9 mi4$1,178,668$295,000$294,667
54820Brule, WI 5482030.3 mi2$1,799,800$899,900$899,900

Frequently Asked Questions

How many homes are for sale in DULUTH, MN 55812?

As of February 2026, there are 14 active listings in DULUTH, MN (zip code 55812), compared to 18 the prior year.

What is the median home price in DULUTH, MN 55812?

The median listing price in DULUTH, MN 55812 is $449,450 as of February 2026, a 28.4% increase from $349,975 the prior year.

How long do homes stay on the market in DULUTH, MN?

Homes in DULUTH, MN 55812 spend an average of 35 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in DULUTH, MN 55812?

Based on current inventory and days-on-market data as of February 2026, DULUTH, MN 55812 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 35 days on market compared to 45 days last year.

How much can I save on real estate commission in DULUTH, MN?

With SELL123.com's maximum 3% commission, sellers in DULUTH, MN 55812 save an estimated $8,989 compared to a typical 5% commission on the median listing price of $449,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.