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Two Harbors

Two Harbors

Located in Lake County

$280,089 Average Value
$225 Average Price per Sq Ft
47 Homes For Sale

Rocky cliffs, Lake Superior bays and iron ore shipments in Two Harbors

In 1907, the communities of Agate and Burlington joined to become Two Harbors, a small town on the North Shore of Lake Superior. Cargo ships still come and go from Agate Bay, shipping taconite and iron ore pellets from Minnesota mines. “The views are spectacular. You have these giant rocky cliffs and then the open waters. It’s just breathtaking,” says Michelle Ryan, a Realtor with Re/Max who has been selling homes in Two Harbors for more than 20 years. The town's location allows for easy commutes to Duluth, while in a more secluded section of the North Shore with lots of recreational activities, including collecting agate gemstones in the two bays. “A lot of people visit Two Harbors just to look for the agates,” Ryan says. “You could go one day, and there are none, but then they’ll be there the next day after washing up from the strong waves.”

Century-old homes, waterfront estates and low property taxes

The median home sale price is around $270,000, compared to Duluth's median of nearly $300,000. Grid-pattern streets branch out from Minnesota Highway 61, and many of the bungalows and National-style houses from the late 1800s and early 1900s sit closer to the highway or farther south toward the water. However, farther north and to the west, ranch-style and split-level homes from the mid-1900s become more common. A peninsula on the east side of Burlington Bay has bayside condominiums and multimillion-dollar waterfront houses above steep cliffs, some with steps leading down to the water. Property taxes are lowered through taconite production taxes paid by mining companies. “I’ve seen some people only have to pay $500 a year in property taxes because of the taconite tax,” Ryan says.

Agate hunting, Lake Superior adventures and Gooseberry Falls

Two Harbors Lighthouse has been lighting the way for ships since 1892. These days, it also doubles as a bed-and-breakfast. A pier leads out to another lighthouse, where locals watch the ships roll in. Boaters can head out to Lake Superior from a ramp at Agate Bay Beach. “You don’t have to go far from the shore, and you’ll catch humungous trout and salmon,” Ryan says. Locals and tourists are also drawn to Gooseberry Falls State Park to check out the waterfalls and whitewater rapids that flow into Lake Superior. The park has access to the Superior Hiking Trail, which runs for 310 miles through forests and along the Lake Superior shores. A drive to the park involves going through a cliff called the Silver Creek Cliff Tunnel. Lakeview National Golf Course is open to the public and, as promised, offers views of the lake.

One grocery store and several restaurants

Super One Foods is the primary grocery store in town that also sells other household essentials. Most restaurants are lined along Seventh Avenue (Minnesota Highway 61). Judy’s Café is a local favorite for its old-school diner vibe and all-day breakfast. There are some regional chains as well, including Vanilla Bean Restaurant, known for its oven-baked omelets, and Black Woods Bar & Grill, which serves up steak and seafood. There’s also a small, one-block downtown area with a few restaurants, including Castle Danger Brewery, where locals can hang out over its famous cream ale on the string-lit patio and lawn.

Career and Technical Education at Two Harbors High School

Public school students attend Minnehaha Elementary School, which receives a C-plus grade from Niche. Students in grades 6 through 12 go to Two Harbors High School, graded a B-minus. The high school offers a Career and Technical Education program with a strong concentration on computer-guided metal fabrication.

Heritage Days and the starting point for Grandma's Marathon

Several events are held in Two Harbors throughout the year. Heritage Days, a four-day festival in July, draws the community for a craft show, two parades and live music. Grandma’s Marathon starts in Two Harbors and ends in Duluth. Though it sounds like the race is exclusively for grandmothers, it’s actually called that because Grandma’s Restaurant in Duluth was the original sponsor in 1977.

A 30-to-40-minute drive to Duluth

Minnesota Highway 61 is the main highway that runs through town, running parallel to Lake Superior about 30 miles to Duluth. It takes about 30 to 40 minutes to drive to Duluth, where many locals work and can fly out of Duluth International Airport to either Minneapolis, Chicago or Fort Myers.

Nicolas Stuart
Written By
Nicolas Stuart

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Schools

Source:
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Two Harbors Housing Trends

Housing Trends

Median List Price
$274,900
Median Sale Price
$273,950
Median Single Family Sale Price
$277,500
Median Townhouse Sale Price
$99,900
Median 2 Bedroom Sale Price
$79,900
Median Change From 1st List Price
0%
Last 12 months Home Sales
126
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$225

Neighborhood Facts

Number of Homes for Sale
47
Months of Supply
4.50

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Two Harbors Has More Owners

Demographics

Total Population
3,542
Median Age
44
Population under 18
23.9%
On par with the national average
23.8%
Population over 65
25%
Above the national average
19.1%

Finances

Median Household Income
$56,649
Significantly below the national average
$71,702
Average Household Income
$64,967

Education and Workforce

High School Graduates
89.7%
College Graduates
20.9%
Below the national average
34.1%
Advanced Degrees
5.5%
Below the national average
13.3%
% Population in Labor Force
59.9%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
8°F
Average Summer High Temperature
75°F
Annual Snowfall
46''

Area Factors

Bikeable

Bike Score®®

53 / 100

Somewhat Walkable

Walk Score®®

55 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Two Harbors
Tracey Tellor
Tellor Realty LLC
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