Investor-grade market analytics for Duluth, Minnesota. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$265,012
+5.7% year-over-year
6.0%
gross annual
+5.5%
base case (Zillow ZHVF)
+5.5% year-over-year
28/100
LowIn-migrants avg $56,650 AGI vs out-migrants $52,786
Opportunity Zone Market
14 ZIP codes in Duluth are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Duluth, MN-WI is experiencing strong growth with 5.7% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 3.73x, below the national average of 4.8x. Modest net positive migration (+56 returns/year) provides steady demand support. Climate risk remains low (28/100), favorable for long-term investment stability. Rental yield of 6.02% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Duluth, MN-WI's primary climate exposure is wind storms (42/100). The composite climate risk score of 28/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.