Is Duluth, MN 55805 a buyer’s or seller’s market?
Duluth is a seller’s market. With about 2.1 months of supply and 48% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.1Under 4 months = seller’s market
Sold above original list48.2%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$188▲ +5.0% vs. last year
Run the numbers for 55805
Nearby markets
Alborn 55702 — /sq ftAngora 55703Buyer’s market $121 /sq ftAurora 55705Balanced $129 /sq ftBabbitt 55706Seller’s market $91 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology