Why Live in Downtown Duluth
Downtown Duluth is a vibrant neighborhood known for its year-round events and proximity to Lake Superior. Despite its compact size, it attracts thousands of visitors annually, even during the cold winter months. The area is bustling with activities, from Fourth Fest in July to holiday light displays, film festivals, art shows, beer festivals, and two marathons. Bayfront Festival Park is a central hub, hosting events like the holiday season festival with over 5 million lights and Grandma’s Marathon, which draws 17,000 runners each June. The park also features Duluth’s largest playground and is near the Great Lakes Aquarium, which includes exhibits like otter cove and an Amazonian species display. Downtown Duluth’s housing primarily consists of high-rise condominiums and multifamily apartments, many with views of Lake Superior. There are also duplexes and townhomes, though these are less common. The neighborhood is known for its locally owned businesses, including Sir Benedict’s Tavern and Pickwick Restaurant and Pub, which offer unique dining experiences. Market Gourmet provides a distinctive grocery shopping experience with its selection of jarred preserves, wines, and kitchen gadgets. The Duluth Transit Authority offers convenient bus routes, making it easy to navigate the highly walkable area. Downtown Superior is a seven-mile bus ride away, while Duluth International Airport is nine miles in the opposite direction. The neighborhood experiences harsh winters, with January temperatures averaging between 4 and 20 degrees and annual snowfall exceeding 80 inches.
Frequently Asked Questions
Is Downtown Duluth a good place to live?
Downtown Duluth is a good place to live. Downtown Duluth is considered fairly walkable and very bikeable with good transit options. Downtown Duluth has 5 parks for recreational activities. It is somewhat dense in population with 9.6 people per acre and a median age of 46. The average household income is $33,790 which is below the national average. College graduates make up 25.2% of residents. A majority of residents in Downtown Duluth are renters, with 96.9% of residents renting and 3.1% of residents owning their home. A
local real estate agent serving Downtown Duluth can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Duluth neighborhood guide.
How much do you need to make to afford a house in Downtown Duluth?
The median home price in Downtown Duluth is $487,400. If you put a 20% down payment of $97,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $103K a year to afford the median home price in Downtown Duluth. The average household income in Downtown Duluth is $34K.
What are the best public schools in Downtown Duluth?
The best public schools that serve Downtown Duluth are:
What are the best private schools in Downtown Duluth?
The best private schools that serve Downtown Duluth are:
- Marshall School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.0.
- Lakeview Christian Academy has a C+ Niche grade, a student teacher ratio of 9:1 and an average review score of 4.2.
- Summit School has a student teacher ratio of 72:1.
What are the most popular zip codes in Downtown Duluth, Duluth, MN?
What are the most popular neighborhoods near Downtown Duluth, Duluth, MN?
Home Trends in Downtown Duluth, MN
On average, homes in Downtown Duluth, Duluth sell after 63 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Duluth, Duluth over the last 12 months is $489,900, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$489,900
Median Single Family Sale Price
$353,950
Median Townhouse Sale Price
$612,450
Median 2 Bedroom Sale Price
$735,000
Median 1 Bedroom Sale Price
$427,400
Average Price Per Sq Ft
$437
Number of Homes for Sale
2
Last 12 months Home Sales
3
Median List Price
$487,400
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%