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Rent To Own Homes in Duluth, MN 55808

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Duluth, MN Foreclosures

How much do homes sell for in Duluth, MN?
The average home price is currently $346,675.
In Duluth, MN, how many homes are available?
There are currently 1 active home listings available in Duluth.
What’s the average rental cost in Duluth, MN?
The average rental price in Duluth is $1,535.
What is the most expensive home in Duluth?
The most expensive home sold in Duluth had a price of $18,915,168.
What is currently the cheapest priced home in Duluth, MN?
The cheapest home for sale in Duluth is priced at $12,283.

Living in Duluth, MN

Duluth, located along the scenic shores of Lake Superior, offers a unique blend of outdoor adventure and rich cultural experiences. With a bustling downtown, access to quality education, and diverse local amenities, Duluth is a desirable location for families and professionals alike. The city’s stunning landscapes provide numerous recreational opportunities year-round.

Current Market Conditions in Duluth, MN

Duluth's real estate market has seen steady growth over the past few years, with demand for homes increasing due to the city's attractiveness as a place to live and work. The diverse economy, coupled with the city's appeal for outdoor enthusiasts, has drawn many new residents. Current market trends indicate a balanced market with a mix of both buyers and sellers, providing various options for those looking to purchase or rent properties.

In Duluth, the market has been characterized by a rise in home prices reflecting buyer competition, primarily along the waterfront and in sought-after neighborhoods, although affordable options still exist in more suburban areas.

Home Value Estimator For Duluth, MN

There are currently 37,428 real estate properties in Duluth, MN, with a median automated valuation model (AVM) price of $305,187.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Duluth, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Duluth, MN, is $346,675.00, with the most expensive house in Duluth, MN, topping out at $18,915,168.00 and the cheapest home in Duluth, MN, clocking in at $12,283.00. In other words, there’s something for every potential homebuyer or savvy investor in Duluth, MN!

Rent Prices In Duluth, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Duluth, MN, is on a rollercoaster ride. The average rent price in Duluth, MN, is $1,535.00. Indeed, when looking to rent in Duluth, MN, you can expect to pay as little as $560.00 or as much as $3,620.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Duluth, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Duluth, MN 55808 Rent To Own Homes

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