Frequently Asked Questions
Is Spirit Valley a good place to live?
Spirit Valley is a good place to live. Spirit Valley is considered fairly walkable and bikeable with some transit options. Spirit Valley has 1 park for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 41. The average household income is $84,295 which is below the national average. College graduates make up 21.3% of residents. A majority of residents in Spirit Valley are renters, with 69.6% of residents renting and 30.4% of residents owning their home. A
local real estate agent serving Spirit Valley can help you decide if this neighborhood is the right one for you. Learn more on our
Spirit Valley neighborhood guide.
How much do you need to make to afford a house in Spirit Valley?
The median home price in Spirit Valley is $181,000. If you put a 20% down payment of $36,200 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $920 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $39K a year to afford the median home price in Spirit Valley. The average household income in Spirit Valley is $84K.
What are the best public schools in Spirit Valley?
The best public schools that serve Spirit Valley are:
What are the best private schools in Spirit Valley?
The best private schools that serve Spirit Valley are:
What are the most popular zip codes in Spirit Valley, Duluth, MN?
What are the most popular neighborhoods near Spirit Valley, Duluth, MN?
Are home prices dropping in Spirit Valley?
Yes, home prices in Spirit Valley are down 4% in the last 12 months.
Home Trends in Spirit Valley, MN
On average, homes in Spirit Valley, Duluth sell after 62 days on the market compared to the national average of 52 days. The median sale price for homes in Spirit Valley, Duluth over the last 12 months is $181,000, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$181,000
Median Single Family Sale Price
$181,000
Average Price Per Sq Ft
$125
Number of Homes for Sale
0
Last 12 months Home Sales
3
Median List Price
$181,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-10%