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 in December, film and craft beer festivals, art shows and marathons. Downtown Duluth’s housing primarily consists of high-rise condominiums and multifamily apartments, many of which offer views of Lake Superior. There are also duplexes and townhomes, though these are less common.
Bayfront Festival Park is a central hub, hosting events such as 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 an otter cove exhibit and an Amazonian species display.
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. This walkable area is dotted with Duluth Transit Authority bus stops. Downtown Superior is about 7 miles away, while Duluth International Airport is 9 miles away. The neighborhood experiences harsh winters, with annual snowfall exceeding 80 inches.
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 53 days. The median sale price for homes in Downtown Duluth, Duluth over the last 12 months is $489,900, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$489,900
Median Single Family Sale Price
$632,500
Median Townhouse Sale Price
$735,000
Median 2 Bedroom Sale Price
$830,000
Median 1 Bedroom Sale Price
$404,950
Average Price Per Sq Ft
$469
Number of Homes for Sale
4
Last 12 months Home Sales
3
Median List Price
$735,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%