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Fixer Upper Homes in Duluth, MN

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Living in Duluth, MN

Duluth, MN, is a scenic lakeside city that combines outdoor adventure with a rich cultural scene. Residents enjoy beautiful landscapes and a variety of waterfront activities. The city's strong educational facilities and amenities make it an attractive location for families and investors alike.

Current Market Conditions in Duluth, MN

Duluth's real estate market is currently experiencing a stable trend with a gradual increase in home values. The demand for properties in the area remains strong, especially among families and young professionals drawn by the city's unique amenities and lifestyle.

Investors are noticing potential growth opportunities as more individuals seek to relocate to this charming city. The rental market has also shown resilience, making it an attractive option for real estate investment.

Home Value Estimator For Duluth, MN

There are currently 37,420 real estate properties in Duluth, MN, with a median automated valuation model (AVM) price of $287,382.00. 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 $328,364.00, with the most expensive house in Duluth, MN, topping out at $18,318,240.00 and the cheapest home in Duluth, MN, clocking in at $12,116.00. 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 Fixer Upper Homes

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