Duluth, MN-WI
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
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The Duluth market is currently in a stabilizing phase, with a pending ratio of 0.51 reflecting a more balanced absorption of available inventory. Active listings have expanded significantly, increasing by 21.0% over the past year, while the median listing price has demonstrated a 9.4% year-over-year growth.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Duluth market right now.
Inventory levels have seen a notable increase, with active listings rising by 21.0% and new listings up 7.7% over the past year, contributing to increased choices for prospective buyers. Concurrently, the pending ratio has contracted by 11.8% year-over-year to 0.51, indicating a moderation in the pace of demand relative to supply. Despite these shifts, the median listing price has maintained upward momentum, appreciating by 9.4% over the past year, though it experienced a marginal month-over-month decline of 0.7%.
“Local pricing and inventory dynamics across Duluth shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The current market dynamics suggest a moderating pace of transactions, as evidenced by the pending ratio of 0.51, indicating that demand absorption is more aligned with available supply. The substantial year-over-year increase in active listings may introduce more inventory pressure, potentially encouraging greater price discipline on the part of sellers. Buyers may find an extended timeframe for consideration due to the expanded inventory.
Analysis of the higher price tiers indicates a divergence from the overall market trend. While the median listing price rose by 9.4% year-over-year, the average listing price increased by a more modest 2.3% over the same period. This suggests some softness at the upper end of the market, where pricing growth is not keeping pace with the broader median trends.
905 active listings represent the current floor, with new supply arriving at roughly 392 per month.
of active listings carry a price reduction, +0.4% from prior period.
Median price per square foot has moved +5.4% year-over-year.
Pending-to-active ratio — Stabilizing.
Recommended For This Market
StabilizingSelling in Duluth, MN-WI? Inventory is up 21% from last year.
Duluth, MN-WI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 51%
- Median Days on Market
- 52 days
- Inventory YoY
- +21%
Duluth, MN-WI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
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