Why Live in Proctor
Proctor, Minnesota, is a small city with a rich railway heritage, evident in its annual Hoghead Festival and the historic locomotive displayed at the Proctor Area Historical Society. The city features a mix of older and newer homes, including bungalows, American Foursquares, ranch-style, and bi-level houses, many on small lots with detached garages. Proctor High School is noted for its competitive girls hockey program, which has achieved state-level success. Proctor offers various attractions, such as Spirit Mountain for year-round outdoor activities, the Proctor Golf Course, and the Playground for EveryBODY, an inclusive play area. The Halvor Lines Speedway hosts weekly stock car races, though the noise is a notable aspect of summer life. Dining options are concentrated along Third Avenue, with local favorites like Proctor Pizza & Subs and Black Woods. For nightlife, Keyboard Lounge and Powerhouse Bar provide entertainment with karaoke and live music. While Proctor has limited shopping, larger retailers are accessible in nearby Hermantown. The South St. Louis County Fair adds to the community's vibrant calendar of events. Proctor's proximity to Lake Superior results in frequent fog, known locally as the "Proctor Fog," which can affect driving conditions. The city is conveniently located less than 10 miles from Duluth, with public transit options available for easy access to the larger city and Duluth International Airport.
Frequently Asked Questions
What is the average home price in Proctor, MN?
Homes for sale in Proctor, MN have an average home price of $217,891.
Are home prices dropping in Proctor?
Yes, home prices in Proctor are down 58% in the last 12 months.
How many homes have sold over the last 12 months in Proctor, MN?
10 homes have sold in Proctor, MN over the last 12 months.
What are the most popular zip codes in Proctor, MN?
How much do you need to make to afford a house in Proctor?
The median home price in Proctor is $122,900. If you put a 20% down payment of $24,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $27K a year to afford the median home price in Proctor.
How are the schools in Proctor, MN?
Home Trends in Proctor, MN
On average, homes in Proctor, MN sell after 142 days on the market compared to the national average of 70 days. The median sale price for homes in Proctor, MN over the last 12 months is $122,900, down 72% from the median home sale price over the previous 12 months.
Median Sale Price
$122,900
Median Single Family Sale Price
$122,900
Average Price Per Sq Ft
$126
Number of Homes for Sale
1
Last 12 months Home Sales
10
Median List Price
$122,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-72%