DULUTH Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Duluth averaged
6.89%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
6.37% and
one month ago for the week of 2023-04-27, the
average rate was 6.63%.
Duluth's average rate one year ago was 5%.
For refis of the same type during the week of 2023-06-01, the average rate
was 5.98%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Duluth 30 Year Fixed Rate | 2023-06-01 | 6.89% |
| Duluth 30 Year Fixed Rate Refi | 2023-06-01 | 5.98% |
| Duluth 15 Year Fixed Rate | 2023-06-01 | 6.55% |
| Duluth 15 Year Fixed Rate Refi | 2023-06-01 | 5.23% |
| Duluth 30 Year FHA | 2023-06-01 | -0.41% |
| Duluth 30 Year FHA Refi | 2023-06-01 | 0.1% |
| Duluth 30 Year USDA | 2023-06-01 | 0% |
| Duluth 30 Year USDA Refi | 2023-06-01 | 0.2% |
| Duluth 30 Year VA | 2023-06-01 | 0.06% |
| Duluth 30 Year VA Refi | 2023-06-01 | 0.2% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DULUTH, MN-WI.
DULUTH Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the DULUTH, MN-WI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
DULUTH Average Closing Costs & Other Stats
DULUTH, MN-WI's 200 lenders originated 6,944
loans during 2022. The total origination value was $1,479,390,000, with an average loan value of
$213,046.
DULUTH's average closing costs are $4,320.
The top DULUTH lender as defined by loan originations is North Shore Bank of Commerce, with
431 loans originated. Their average total fees are
$5,339, which is $1,445
higher than the next largest lender,
U.S. Bank.
The lowest fee DULUTH lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($1,915), Royal Credit Union ($2,860), WINGS FINANCIAL ($3,140), Bank of America ($3,335) and North Shore Federal Credit Union ($3,353).
The lowest rate DULUTH lenders (with over 10 loans originated) are
WINGS FINANCIAL (4.33%), LOANDEPOT.COM, LLC (4.36%), Associated Bank (4.48%), JPMorgan Chase Bank (4.59%) and Bremer Bank (4.59%).
DULUTH, MN-WI Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| North Shore Bank of Commerce | $216,480,000 | $151,560,000 | -30.0% | 10.2% |
| National Bank of Commerce | $181,935,000 | $93,955,000 | -48.4% | 6.4% |
| Frandsen Bank & Trust | $85,380,000 | $75,310,000 | -11.8% | 5.1% |
| U.S. Bank | $129,845,000 | $72,360,000 | -44.3% | 4.9% |
| MEMBERS COOPERATIVE | $83,030,000 | $70,575,000 | -15.0% | 4.8% |
| QUICKEN LOANS, LLC | $142,705,000 | $63,180,000 | -55.7% | 4.3% |
| Bell Bank | $59,030,000 | $51,610,000 | -12.6% | 3.5% |
| WINGS FINANCIAL | $6,150,000 | $48,670,000 | 691.4% | 3.3% |
| Capital One | $47,895,000 | n/a | 3.2% | |
| Wells Fargo Bank | $101,675,000 | $47,655,000 | -53.1% | 3.2% |
| Servion, Inc. | $68,640,000 | $29,660,000 | -56.8% | 2.0% |
| SUPERIOR CHOICE | $61,555,000 | $25,675,000 | -58.3% | 1.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $42,455,000 | $24,130,000 | -43.2% | 1.6% |
| AFFINITY PLUS | $38,610,000 | $21,625,000 | -44.0% | 1.5% |
| Mortgage Research Center, LLC | $23,740,000 | $20,375,000 | -14.2% | 1.4% |
| Superior Savings Bank | $30,170,000 | $20,215,000 | -33.0% | 1.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $35,940,000 | $18,640,000 | -48.1% | 1.3% |
| The Miners National Bank of Eveleth | $23,735,000 | $18,250,000 | -23.1% | 1.2% |
| Harbor Pointe Credit Union | $18,330,000 | $17,235,000 | -6.0% | 1.2% |
| Lend Smart Mortgage, LLC | $36,615,000 | $17,075,000 | -53.4% | 1.2% |
| RESULTS MORTGAGE, LLC | $35,020,000 | $16,965,000 | -51.6% | 1.1% |
| WaterStone Bank, SSB | $16,450,000 | n/a | 1.1% | |
| State Bank Financial | $16,405,000 | n/a | 1.1% | |
| BROKER SOLUTIONS, INC. | $20,180,000 | $16,125,000 | -20.1% | 1.1% |
| First Dakota National Bank | $145,000 | $16,115,000 | 11,013.8% | 1.1% |
| Regent Financial Group, Inc. | $21,905,000 | $15,390,000 | -29.7% | 1.0% |
| North Shore Federal Credit Union | $5,075,000 | $15,350,000 | 202.5% | 1.0% |
| CENTRICITY Credit Union | $11,725,000 | $15,185,000 | 29.5% | 1.0% |
| Northview Bank | $26,890,000 | $11,980,000 | -55.4% | 0.8% |
| LOANDEPOT.COM, LLC | $29,165,000 | $10,730,000 | -63.2% | 0.7% |
| EVERETT FINANCIAL, INC. | $1,470,000 | $10,525,000 | 616.0% | 0.7% |
| COMPEER FINANCIAL, FLCA | $14,045,000 | $9,635,000 | -31.4% | 0.7% |
| NORTH STAR CREDIT UNION | $10,205,000 | $9,410,000 | -7.8% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $15,220,000 | $9,360,000 | -38.5% | 0.6% |
| MANN FINANCIAL INC. | $11,820,000 | $9,020,000 | -23.7% | 0.6% |
| NORTHWOODS | $11,725,000 | $8,805,000 | -24.9% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $16,910,000 | $8,070,000 | -52.3% | 0.5% |
| Flagstar Bank, FSB | $8,210,000 | $7,830,000 | -4.6% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $17,550,000 | $7,680,000 | -56.2% | 0.5% |
| Summit Mortgage Corporation | $12,250,000 | $7,635,000 | -37.7% | 0.5% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $7,505,000 | n/a | 0.5% | |
| Two Harbors Federal Credit Union | $11,885,000 | $6,755,000 | -43.2% | 0.5% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $14,155,000 | $6,725,000 | -52.5% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $34,760,000 | $6,475,000 | -81.4% | 0.4% |
| HANCOCK MORTGAGE PARTNERS, LLC | $25,805,000 | $6,345,000 | -75.4% | 0.4% |
| Prosperity Home Mortgage, LLC | $6,505,000 | $6,340,000 | -2.5% | 0.4% |
| FNB Moose Lake | $6,310,000 | n/a | 0.4% | |
| The Huntington National Bank | $5,825,000 | $6,300,000 | 8.2% | 0.4% |
| USAA Federal Savings Bank | $7,500,000 | $6,175,000 | -17.7% | 0.4% |
| GUARANTEED RATE, INC. | $7,510,000 | $6,025,000 | -19.8% | 0.4% |
| NEWREZ LLC | $17,135,000 | $5,630,000 | -67.1% | 0.4% |
| GUARANTEED RATE AFFINITY, LLC | $1,595,000 | $5,610,000 | 251.7% | 0.4% |
| GUILD MORTGAGE COMPANY | $8,780,000 | $5,560,000 | -36.7% | 0.4% |
| Alerus Financial | $7,540,000 | $5,485,000 | -27.3% | 0.4% |
| Western National Bank | $8,965,000 | $5,470,000 | -39.0% | 0.4% |
| Associated Bank | $4,015,000 | $5,400,000 | 34.5% | 0.4% |
| Merchants Bank | $4,005,000 | $5,350,000 | 33.6% | 0.4% |
| BMO Harris Bank | $3,780,000 | $5,120,000 | 35.4% | 0.3% |
| Bremer Bank | $17,160,000 | $4,935,000 | -71.2% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $13,850,000 | $4,855,000 | -64.9% | 0.3% |
| Royal Credit Union | $3,425,000 | $4,840,000 | 41.3% | 0.3% |
| American Mortgage & Equity Consultants, Inc. | $3,805,000 | $4,770,000 | 25.4% | 0.3% |
| Bank of America | $8,410,000 | $4,705,000 | -44.1% | 0.3% |
| TRUSTONE FINANCIAL FEDERAL CREDIT UNION | $8,245,000 | $4,685,000 | -43.2% | 0.3% |
| Amerifirst Financial, Inc. | $4,295,000 | n/a | 0.3% | |
| CALIBER HOME LOANS, INC. | $15,545,000 | $3,950,000 | -74.6% | 0.3% |
| CRESCENT MORTGAGE COMPANY | $10,480,000 | $3,225,000 | -69.2% | 0.2% |
| Minnwest Bank | $1,005,000 | $3,175,000 | 215.9% | 0.2% |
| City National Bank | $825,000 | $3,165,000 | 283.6% | 0.2% |
| JPMorgan Chase Bank | $7,015,000 | $3,155,000 | -55.0% | 0.2% |
| Tradition Capital Bank | $1,930,000 | $2,845,000 | 47.4% | 0.2% |
| Deerwood Bank | $1,450,000 | $2,725,000 | 87.9% | 0.2% |
| Baxter Credit Union | $7,015,000 | $2,535,000 | -63.9% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $7,710,000 | $2,475,000 | -67.9% | 0.2% |
| First Resource Bank | $3,580,000 | $2,125,000 | -40.6% | 0.1% |
| BAY EQUITY LLC | $6,445,000 | $2,070,000 | -67.9% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $5,775,000 | $1,970,000 | -65.9% | 0.1% |
| HIWAY | $3,745,000 | $1,885,000 | -49.7% | 0.1% |
| Tradition Mortgage, LLC | $6,880,000 | $1,865,000 | -72.9% | 0.1% |
| TOWNE MORTGAGE COMPANY | $4,965,000 | $1,790,000 | -63.9% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,170,000 | $1,780,000 | -18.0% | 0.1% |
| Chippewa Valley Bank | $1,045,000 | $1,755,000 | 67.9% | 0.1% |
| Johnson Bank | $2,690,000 | $1,730,000 | -35.7% | 0.1% |
| NEW DAY FINANCIAL, LLC | $4,660,000 | $1,700,000 | -63.5% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $7,390,000 | $1,665,000 | -77.5% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,760,000 | $1,625,000 | -41.1% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,405,000 | $1,585,000 | -34.1% | 0.1% |
| Old National Bank | $995,000 | $1,515,000 | 52.3% | 0.1% |
| Stifel Bank and Trust | $1,510,000 | $1,515,000 | 0.3% | 0.1% |
| Northern State Bank | $330,000 | $1,510,000 | 357.6% | 0.1% |
| Flagship Banks Minnesota | $1,500,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $2,845,000 | $1,480,000 | -48.0% | 0.1% |
| Cornerstone State Bank | $5,930,000 | $1,420,000 | -76.1% | 0.1% |
| Mortgages Unlimited Inc. | $3,890,000 | $1,375,000 | -64.7% | 0.1% |
| Ixonia Bank | $1,160,000 | $1,365,000 | 17.7% | 0.1% |
| American National Bank of Minnesota | $635,000 | $1,335,000 | 110.2% | 0.1% |
| SPIRE Credit Union | $1,135,000 | $1,330,000 | 17.2% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,905,000 | $1,325,000 | -30.4% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $4,315,000 | $1,300,000 | -69.9% | 0.1% |
| Morgan Stanley Private Bank | $955,000 | $1,300,000 | 36.1% | 0.1% |
| CMG MORTGAGE, INC. | $3,585,000 | $1,285,000 | -64.2% | 0.1% |
| Prevail Bank | $1,265,000 | n/a | 0.1% | |
| Woodlands National Bank | $1,905,000 | $1,260,000 | -33.9% | 0.1% |
| AMERICAN FINANCING CORPORATION | $3,000,000 | $1,255,000 | -58.2% | 0.1% |
| BETTER MORTGAGE CORPORATION | $11,630,000 | $1,225,000 | -89.5% | 0.1% |
| CENTRAL MINNESOTA Credit Union | $660,000 | $1,215,000 | 84.1% | 0.1% |
| Citizens Community Federal | $3,495,000 | $1,200,000 | -65.7% | 0.1% |
| North American Savings Bank, F.S.B. | $1,215,000 | $1,185,000 | -2.5% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,450,000 | $1,140,000 | -21.4% | 0.1% |
| Think Mutual Bank | $3,725,000 | $1,085,000 | -70.9% | 0.1% |
| Hometown Lenders, Inc. | $3,430,000 | $1,070,000 | -68.8% | 0.1% |
| ALAMEDA MORTGAGE CORPORATION | $1,065,000 | n/a | 0.1% | |
| Heritage Bank | $1,025,000 | n/a | 0.1% | |
| Chicago Mortgage Solutions LLC | $2,175,000 | $1,020,000 | -53.1% | 0.1% |
| SOFI LENDING CORP. | $1,980,000 | $1,005,000 | -49.2% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,245,000 | $1,000,000 | -19.7% | 0.1% |
| RiverWood Bank | $2,445,000 | $950,000 | -61.1% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,970,000 | $935,000 | -52.5% | 0.1% |
| GSF Mortgage Corporation | $410,000 | $925,000 | 125.6% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $105,000 | $920,000 | 776.2% | 0.1% |
| Figure Lending LLC | $575,000 | $900,000 | 56.5% | 0.1% |
| Gate City Bank | $1,665,000 | $900,000 | -45.9% | 0.1% |
| Ally Bank | $260,000 | $890,000 | 242.3% | 0.1% |
| AXIA FINANCIAL, LLC | $1,670,000 | $875,000 | -47.6% | 0.1% |
| Summit Credit Union | $1,865,000 | $875,000 | -53.1% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $660,000 | $855,000 | 29.5% | 0.1% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $1,600,000 | $815,000 | -49.1% | 0.1% |
| EMBRACE HOME LOANS, INC. | $360,000 | $795,000 | 120.8% | 0.1% |
| NBKC BANK | $1,930,000 | $795,000 | -58.8% | 0.1% |
| M&T Bank | $795,000 | $790,000 | -0.6% | 0.1% |
| DIGITAL Federal Credit Union | $785,000 | n/a | 0.1% | |
| Plains Commerce Bank | $1,030,000 | $785,000 | -23.8% | 0.1% |
| Carrington Mortgage Services, LLC | $1,360,000 | $760,000 | -44.1% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $510,000 | $740,000 | 45.1% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $5,130,000 | $740,000 | -85.6% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $455,000 | $730,000 | 60.4% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $700,000 | $730,000 | 4.3% | 0.0% |
| AMERICAN ADVISORS GROUP | $1,055,000 | $700,000 | -33.6% | 0.0% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $690,000 | $700,000 | 1.4% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $675,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $1,500,000 | $670,000 | -55.3% | 0.0% |
| UBS Bank USA | $215,000 | $665,000 | 209.3% | 0.0% |
| University of Wisconsin Credit Union | $250,000 | $665,000 | 166.0% | 0.0% |
| CORTRUST MORTGAGE, INC. | $115,000 | $660,000 | 473.9% | 0.0% |
| MEGASTAR FINANCIAL CORP. | $3,110,000 | $660,000 | -78.8% | 0.0% |
| Raymond James Bank | $185,000 | $650,000 | 251.4% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,840,000 | $650,000 | -64.7% | 0.0% |
| Great Southern Bank | $625,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $840,000 | $610,000 | -27.4% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $3,455,000 | $610,000 | -82.3% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $605,000 | n/a | 0.0% | |
| Sunflower Bank | $485,000 | $605,000 | 24.7% | 0.0% |
| LADERA LENDING, INC. | $600,000 | n/a | 0.0% | |
| Discover Bank | $625,000 | $590,000 | -5.6% | 0.0% |
| Bank Five Nine | $225,000 | $580,000 | 157.8% | 0.0% |
| Indianhead Credit Union | $2,055,000 | $580,000 | -71.8% | 0.0% |
| STAR ONE CREDIT UNION | $575,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $880,000 | $560,000 | -36.4% | 0.0% |
| SHAREPOINT CREDIT UNION | $85,000 | $560,000 | 558.8% | 0.0% |
| Waterstone Mortgage Corporation | $1,470,000 | $555,000 | -62.2% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $540,000 | n/a | 0.0% | |
| Citizens Bank | $1,170,000 | $540,000 | -53.8% | 0.0% |
| THRIVENT Federal Credit Union | $1,010,000 | $535,000 | -47.0% | 0.0% |
| UNION HOME MORTGAGE CORP. | $840,000 | $535,000 | -36.3% | 0.0% |
| CITY-COUNTY CREDIT UNION | $470,000 | $530,000 | 12.8% | 0.0% |
| First State Bank and Trust | $540,000 | $510,000 | -5.6% | 0.0% |
| First Guaranty Mortgage Corporation | $1,355,000 | $505,000 | -62.7% | 0.0% |
| Fortress Bank | $505,000 | n/a | 0.0% | |
| Libertyville Bank & Trust | $505,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $505,000 | n/a | 0.0% | |
| Bridgewater Bank | $485,000 | $500,000 | 3.1% | 0.0% |
| PNC Bank | $1,795,000 | $500,000 | -72.1% | 0.0% |
| MOUNTAIN WEST FINANCIAL, INC. | $490,000 | n/a | 0.0% | |
| WESTconsin Credit Union | $1,120,000 | $475,000 | -57.6% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $465,000 | n/a | 0.0% | |
| Neighborhood National Bank | $705,000 | $455,000 | -35.5% | 0.0% |
| SPRING EQ, LLC | $130,000 | $445,000 | 242.3% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $95,000 | $440,000 | 363.2% | 0.0% |
| 21ST MORTGAGE CORPORATION | $965,000 | $435,000 | -54.9% | 0.0% |
| F&M Bank | $435,000 | n/a | 0.0% | |
| South State Bank | $425,000 | n/a | 0.0% | |
| ST. CLOUD FINANCIAL | $105,000 | $425,000 | 304.8% | 0.0% |
| Liberty Savings Bank, F.S.B. | $925,000 | $415,000 | -55.1% | 0.0% |
| Goldwater Bank, N.A. | $1,390,000 | $410,000 | -70.5% | 0.0% |
| PHH Mortgage Corporation | $1,550,000 | $410,000 | -73.5% | 0.0% |
| Truist | $145,000 | $405,000 | 179.3% | 0.0% |
| V.I.P. MORTGAGE, INC. | $510,000 | $405,000 | -20.6% | 0.0% |
| Forward Bank | $380,000 | n/a | 0.0% | |
| Security Bank | $205,000 | $380,000 | 85.4% | 0.0% |
| Citizens Bank Minnesota | $260,000 | $375,000 | 44.2% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $1,525,000 | $370,000 | -75.7% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $3,010,000 | $365,000 | -87.9% | 0.0% |
| MORIA DEVELOPMENT, INC. | $280,000 | $360,000 | 28.6% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $145,000 | $355,000 | 144.8% | 0.0% |
| Liberty Bank Minnesota | $585,000 | $355,000 | -39.3% | 0.0% |
| INLANTA MORTGAGE, INC. | $215,000 | $350,000 | 62.8% | 0.0% |
| DATA MORTGAGE, INC. | $340,000 | n/a | 0.0% | |
| MARINE | $375,000 | $335,000 | -10.7% | 0.0% |
| Bank of England | $1,795,000 | $330,000 | -81.6% | 0.0% |
| HomePromise Corporation | $235,000 | $325,000 | 38.3% | 0.0% |
| Northpointe Bank | $795,000 | $325,000 | -59.1% | 0.0% |
| Prospect Bank | $275,000 | $325,000 | 18.2% | 0.0% |
| GREAT RIVER FEDERAL CREDIT UNION | $320,000 | n/a | 0.0% | |
| Sherburne State Bank | $320,000 | $320,000 | 0.0% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $350,000 | $315,000 | -10.0% | 0.0% |
| NexBank | $315,000 | n/a | 0.0% | |
| Cambria Financial Group, LLC | $1,970,000 | $310,000 | -84.3% | 0.0% |
| Nations Lending Corporation | $1,925,000 | $305,000 | -84.2% | 0.0% |
| SOUTHPOINT FINANCIAL | $310,000 | $305,000 | -1.6% | 0.0% |
| Bankers' Bank | $2,495,000 | $300,000 | -88.0% | 0.0% |
| IncredibleBank | $235,000 | $300,000 | 27.7% | 0.0% |
| First American Bank | $650,000 | $295,000 | -54.6% | 0.0% |
| KeyBank | $255,000 | $285,000 | 11.8% | 0.0% |
| PREMIA MORTGAGE, LLC | $285,000 | n/a | 0.0% | |
| EMM LOANS LLC | $640,000 | $280,000 | -56.3% | 0.0% |
| KELLER MORTGAGE, LLC | $670,000 | $280,000 | -58.2% | 0.0% |
| MICHIGAN MUTUAL, INC. | $275,000 | n/a | 0.0% | |
| IDEAL | $605,000 | $270,000 | -55.4% | 0.0% |
| LOANPAL, LLC | $430,000 | $270,000 | -37.2% | 0.0% |
| Home Federal Savings Bank | $415,000 | $265,000 | -36.1% | 0.0% |
| MLD MORTGAGE INC. | $265,000 | n/a | 0.0% | |
| Northwestern Bank | $265,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $265,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $225,000 | $260,000 | 15.6% | 0.0% |
| ADVANCIAL | $255,000 | n/a | 0.0% | |
| ATHAS CAPITAL GROUP, INC. | $255,000 | n/a | 0.0% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $660,000 | $255,000 | -61.4% | 0.0% |
| UMB Bank | $95,000 | $255,000 | 168.4% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $250,000 | n/a | 0.0% | |
| Bank Iowa | $165,000 | $245,000 | 48.5% | 0.0% |
| CANOPY MORTGAGE, LLC | $1,055,000 | $245,000 | -76.8% | 0.0% |
| Choice Financial Group | $2,360,000 | $245,000 | -89.6% | 0.0% |
| Florida Capital Bank | $1,075,000 | $245,000 | -77.2% | 0.0% |
| Midwest Heritage Bank FSB | $245,000 | n/a | 0.0% | |
| MINNCO CREDIT UNION | $135,000 | $245,000 | 81.5% | 0.0% |
| PremierBank | $245,000 | n/a | 0.0% | |
| Armed Forces Bank | $235,000 | n/a | 0.0% | |
| First Western Bank & Trust | $535,000 | $230,000 | -57.0% | 0.0% |
| Midwest Bank | $240,000 | $230,000 | -4.2% | 0.0% |
| The First National Bank of River Falls | $575,000 | $225,000 | -60.9% | 0.0% |
| Centier Bank | $90,000 | $220,000 | 144.4% | 0.0% |
| STEARNS LENDING, LLC | $545,000 | $220,000 | -59.6% | 0.0% |
| Bank of the West | $365,000 | $215,000 | -41.1% | 0.0% |
| Capital Bank | $215,000 | n/a | 0.0% | |
| MidWestOne Bank | $855,000 | $215,000 | -74.9% | 0.0% |
| First Bank & Trust | $2,670,000 | $205,000 | -92.3% | 0.0% |
| First Interstate Bank | $205,000 | n/a | 0.0% | |
| St. Paul Federal Credit Union | $515,000 | $205,000 | -60.2% | 0.0% |
| Union State Bank of Fargo | $155,000 | $200,000 | 29.0% | 0.0% |
| Equity Prime Mortgage LLC | $145,000 | $195,000 | 34.5% | 0.0% |
| First Home Bank | $165,000 | $195,000 | 18.2% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $195,000 | n/a | 0.0% | |
| The Federal Savings Bank | $4,085,000 | $195,000 | -95.2% | 0.0% |
| VERIDIAN CREDIT UNION | $570,000 | $195,000 | -65.8% | 0.0% |
| Bay Bank | $185,000 | $185,000 | 0.0% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $2,380,000 | $185,000 | -92.2% | 0.0% |
| Citywide Banks | $185,000 | n/a | 0.0% | |
| Dollar Bank, Federal Savings Bank | $185,000 | n/a | 0.0% | |
| Dundee Bank | $185,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $185,000 | n/a | 0.0% | |
| BANKWEST, INC. | $65,000 | $180,000 | 176.9% | 0.0% |
| CO-OP Credit Union | $175,000 | n/a | 0.0% | |
| First National Community Bank | $155,000 | $175,000 | 12.9% | 0.0% |
| NP, Inc. | $520,000 | $175,000 | -66.3% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $575,000 | $175,000 | -69.6% | 0.0% |
| Woodford State Bank | $175,000 | n/a | 0.0% | |
| Alliance Bank | $165,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $275,000 | $165,000 | -40.0% | 0.0% |
| THOMPSON KANE & COMPANY, LLC | $365,000 | $160,000 | -56.2% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $155,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $2,465,000 | $155,000 | -93.7% | 0.0% |
| SILVER HILL FUNDING, LLC | $155,000 | n/a | 0.0% | |
| THE FAMILY CREDIT UNION | $155,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $205,000 | $150,000 | -26.8% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $970,000 | $145,000 | -85.1% | 0.0% |
| LENDSURE MORTGAGE CORP. | $215,000 | $145,000 | -32.6% | 0.0% |
| UIF CORPORATION | $145,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $800,000 | $135,000 | -83.1% | 0.0% |
| First Western Trust Bank | $330,000 | $135,000 | -59.1% | 0.0% |
| Hiawatha National Bank | $405,000 | $135,000 | -66.7% | 0.0% |
| WOODTRUST BANK | $135,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $605,000 | $125,000 | -79.3% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $710,000 | $125,000 | -82.4% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $125,000 | n/a | 0.0% | |
| Arvest Bank | $710,000 | $115,000 | -83.8% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $430,000 | $115,000 | -73.3% | 0.0% |
| DMB Community Bank | $115,000 | n/a | 0.0% | |
| Heartland Credit Union (Madison) | $115,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $115,000 | n/a | 0.0% | |
| NFM, INC. | $115,000 | n/a | 0.0% | |
| BUILDING TRADES FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% | |
| First Alliance Credit Union | $105,000 | n/a | 0.0% | |
| First Federal Bank | $1,080,000 | $105,000 | -90.3% | 0.0% |
| IMPAC MORTGAGE CORP. | $205,000 | $105,000 | -48.8% | 0.0% |
| MILEND, INC. | $365,000 | $105,000 | -71.2% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $105,000 | n/a | 0.0% | |
| CoVantage Credit Union | $170,000 | $95,000 | -44.1% | 0.0% |
| IOWA BANKERS MORTGAGE CORPORATION | $970,000 | $95,000 | -90.2% | 0.0% |
| ALLIANT CREDIT UNION | $250,000 | $85,000 | -66.0% | 0.0% |
| Associated Healthcare Credit Union | $85,000 | n/a | 0.0% | |
| FIRST TECHNOLOGY | $85,000 | n/a | 0.0% | |
| Lake Elmo Bank | $470,000 | $85,000 | -81.9% | 0.0% |
| TOPLINE FEDERAL CREDIT UNION | $610,000 | $80,000 | -86.9% | 0.0% |
| HomeTown Bank | $610,000 | $75,000 | -87.7% | 0.0% |
| STAR USA FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
| American Investors Bank and Mortgage | $45,000 | $65,000 | 44.4% | 0.0% |
| Dairy State Bank | $70,000 | $65,000 | -7.1% | 0.0% |
| Fidelity Bank | $370,000 | $65,000 | -82.4% | 0.0% |
| Heartland Credit Union | $65,000 | n/a | 0.0% | |
| COMMUNITY BANK | $55,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $105,000 | $55,000 | -47.6% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $115,000 | $55,000 | -52.2% | 0.0% |
| EVANSVILLE TEACHERS | $45,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $40,000 | $25,000 | -37.5% | 0.0% |
| NUMARK CREDIT UNION | $25,000 | n/a | 0.0% |
DULUTH's top lender by overall market share is North Shore Bank of Commerce, with 10.2% market share. In second place, with 6.4%, is National Bank of Commerce, having originated $93,955,000 in loans. In third place, with 5.1%, is Frandsen Bank & Trust, having originated $75,310,000 in loans. In fourth place, with 4.9%, is U.S. Bank, having originated $72,360,000 in loans. In fifth place, with 4.8%, is MEMBERS COOPERATIVE, having originated $70,575,000 in loans.
DULUTH Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - DULUTH (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $154,958 (3.7%) | $242,349 (7.1%) | 0.57 | 1,184 |
| 2018-02-01 | $159,900 (6.6%) | $250,314 (7.1%) | 0.58 | 1,170 |
| 2018-03-01 | $169,000 (5.7%) | $266,737 (11.1%) | 0.59 | 1,209 |
| 2018-04-01 | $177,975 (7.9%) | $273,441 (12.8%) | 0.60 | 1,240 |
| 2018-05-01 | $184,450 (8.5%) | $275,955 (11.0%) | 0.62 | 1,411 |
| 2018-06-01 | $185,000 (4.8%) | $270,920 (8.2%) | 0.62 | 1,673 |
| 2018-07-01 | $185,000 (5.7%) | $270,015 (5.5%) | 0.62 | 1,752 |
| 2018-08-01 | $185,000 (5.7%) | $264,928 (3.8%) | 0.62 | 1,753 |
| 2018-09-01 | $183,900 (6.2%) | $259,117 (3.1%) | 0.62 | 1,718 |
| 2018-10-01 | $179,975 (5.9%) | $259,688 (5.4%) | 0.61 | 1,668 |
| 2018-11-01 | $179,450 (12.2%) | $256,256 (6.3%) | 0.61 | 1,519 |
| 2018-12-01 | $174,500 (9.8%) | $252,700 (4.1%) | 0.60 | 1,316 |
| 2019-01-01 | $171,450 (10.6%) | $267,234 (10.3%) | 0.59 | 1,060 |
| 2019-02-01 | $170,950 (6.9%) | $265,223 (6.0%) | 0.58 | 1,009 |
| 2019-03-01 | $184,900 (9.4%) | $276,041 (3.5%) | 0.60 | 1,051 |
| 2019-04-01 | $207,175 (16.4%) | $286,852 (4.9%) | 0.66 | 1,118 |
| 2019-05-01 | $203,700 (10.4%) | $287,765 (4.3%) | 0.64 | 1,272 |
| 2019-06-01 | $200,000 (8.1%) | $283,367 (4.6%) | 0.63 | 1,458 |
| 2019-07-01 | $202,400 (9.4%) | $285,225 (5.6%) | 0.63 | 1,581 |
| 2019-08-01 | $197,173 (6.6%) | $280,147 (5.7%) | 0.62 | 1,610 |
| 2019-09-01 | $193,082 (5.0%) | $273,094 (5.4%) | 0.62 | 1,583 |
| 2019-10-01 | $192,905 (7.2%) | $268,162 (3.3%) | 0.62 | 1,539 |
| 2019-11-01 | $189,900 (5.8%) | $260,700 (1.7%) | 0.62 | 1,339 |
| 2019-12-01 | $187,000 (7.2%) | $261,306 (3.4%) | 0.62 | 1,113 |
| 2020-01-01 | $184,975 (7.9%) | $266,881 (-0.1%) | 0.62 | 919 |
| 2020-02-01 | $199,900 (16.9%) | $286,246 (7.9%) | 0.66 | 872 |
| 2020-03-01 | $218,125 (18.0%) | $304,977 (10.5%) | 0.68 | 889 |
| 2020-04-01 | $222,450 (7.4%) | $304,737 (6.2%) | 0.70 | 934 |
| 2020-05-01 | $220,000 (8.0%) | $299,051 (3.9%) | 0.67 | 1,000 |
| 2020-06-01 | $229,000 (14.5%) | $304,609 (7.5%) | 0.67 | 1,041 |
| 2020-07-01 | $229,125 (13.2%) | $311,175 (9.1%) | 0.66 | 1,023 |
| 2020-08-01 | $225,000 (14.1%) | $308,404 (10.1%) | 0.64 | 945 |
| 2020-09-01 | $222,975 (15.5%) | $306,295 (12.2%) | 0.64 | 861 |
| 2020-10-01 | $218,250 (13.1%) | $309,738 (15.5%) | 0.63 | 771 |
| 2020-11-01 | $212,300 (11.8%) | $309,310 (18.7%) | 0.62 | 665 |
| 2020-12-01 | $209,613 (12.1%) | $315,882 (20.9%) | 0.62 | 567 |
| 2021-01-01 | $199,900 (8.1%) | $328,993 (23.3%) | 0.60 | 435 |
| 2021-02-01 | $212,950 (6.5%) | $336,210 (17.5%) | 0.62 | 350 |
| 2021-03-01 | $219,225 (0.5%) | $335,536 (10.0%) | 0.62 | 348 |
| 2021-04-01 | $226,450 (1.8%) | $338,006 (10.9%) | 0.61 | 374 |
| 2021-05-01 | $218,500 (-0.7%) | $322,476 (7.8%) | 0.58 | 462 |
| 2021-06-01 | $211,975 (-7.4%) | $315,416 (3.6%) | 0.56 | 563 |
| 2021-07-01 | $209,950 (-8.4%) | $309,946 (-0.4%) | 0.55 | 590 |
| 2021-08-01 | $199,500 (-11.3%) | $291,854 (-5.4%) | 0.53 | 576 |
| 2021-09-01 | $199,225 (-10.7%) | $290,201 (-5.3%) | 0.53 | 549 |
| 2021-10-01 | $199,000 (-8.8%) | $271,909 (-12.2%) | 0.53 | 518 |
| 2021-11-01 | $198,750 (-6.4%) | $293,445 (-5.1%) | 0.53 | 416 |
| 2021-12-01 | $189,175 (-9.8%) | $294,682 (-6.7%) | 0.51 | 326 |
| 2022-01-01 | $189,900 (-5.0%) | $311,383 (-5.4%) | 0.51 | 279 |
| 2022-02-01 | $217,800 (2.3%) | $362,562 (7.8%) | 0.57 | 231 |
| 2022-03-01 | $232,975 (6.3%) | $385,653 (14.9%) | 0.58 | 223 |
| 2022-04-01 | $247,500 (9.3%) | $369,447 (9.3%) | 0.59 | 262 |
| 2022-05-01 | $254,500 (16.5%) | $377,681 (17.1%) | 0.58 | 350 |
| 2022-06-01 | $259,675 (22.5%) | $372,767 (18.2%) | 0.58 | 433 |
| 2022-07-01 | $259,900 (23.8%) | $366,039 (18.1%) | 0.59 | 527 |
| 2022-08-01 | $250,000 (25.3%) | $350,861 (20.2%) | 0.58 | 595 |
| 2022-09-01 | $252,450 (26.7%) | $351,294 (21.1%) | 0.59 | 590 |
| 2022-10-01 | $252,450 (26.9%) | $363,246 (33.6%) | 0.59 | 548 |
| 2022-11-01 | $250,000 (25.8%) | $359,012 (22.3%) | 0.60 | 495 |
| 2022-12-01 | $250,000 (32.2%) | $360,895 (22.5%) | 0.62 | 429 |
| 2023-01-01 | $259,350 (36.6%) | $364,689 (17.1%) | 0.64 | 309 |
| 2023-02-01 | $272,075 (24.9%) | $376,662 (3.9%) | 0.66 | 263 |
| 2023-03-01 | $277,000 (18.9%) | $387,118 (0.4%) | 0.65 | 258 |
| 2023-04-01 | $295,000 (19.2%) | $397,502 (7.6%) | 0.69 | 317 |
| 2023-05-01 | $312,074 (22.6%) | $415,061 (9.9%) | 0.71 | 384 |
DULUTH's median listing price for 2023-05-01 was $312,074, a difference of
$57,574
(22.6%) versus the prior year and
$17,074 versus the prior month.
DULUTH's median listing price comes in at 71% of the national average.
DULUTH's average listing price for 2023-05-01 was $415,061, a difference of $37,380 (9.9%) versus the prior year and $17,559 versus the prior month.
For the 2023-05-01 period, DULUTH had 384 MLS listings, a difference of 67 listings (21%) versus the prior month and 34 listings (10%) versus the prior year.
DULUTH's median listing price comes in at 71% of the national average.
DULUTH's average listing price for 2023-05-01 was $415,061, a difference of $37,380 (9.9%) versus the prior year and $17,559 versus the prior month.
For the 2023-05-01 period, DULUTH had 384 MLS listings, a difference of 67 listings (21%) versus the prior month and 34 listings (10%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DULUTH (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 108 days | 1,489 sqft |
| 2018-02-01 | 108 days | 1,507 sqft |
| 2018-03-01 | 78 days | 1,544 sqft |
| 2018-04-01 | 70 days | 1,563 sqft |
| 2018-05-01 | 60 days | 1,560 sqft |
| 2018-06-01 | 51 days | 1,568 sqft |
| 2018-07-01 | 59 days | 1,564 sqft |
| 2018-08-01 | 66 days | 1,562 sqft |
| 2018-09-01 | 72 days | 1,530 sqft |
| 2018-10-01 | 77 days | 1,490 sqft |
| 2018-11-01 | 86 days | 1,490 sqft |
| 2018-12-01 | 104 days | 1,456 sqft |
| 2019-01-01 | 113 days | 1,493 sqft |
| 2019-02-01 | 123 days | 1,500 sqft |
| 2019-03-01 | 107 days | 1,512 sqft |
| 2019-04-01 | 78 days | 1,556 sqft |
| 2019-05-01 | 53 days | 1,564 sqft |
| 2019-06-01 | 50 days | 1,543 sqft |
| 2019-07-01 | 57 days | 1,554 sqft |
| 2019-08-01 | 64 days | 1,524 sqft |
| 2019-09-01 | 73 days | 1,477 sqft |
| 2019-10-01 | 81 days | 1,443 sqft |
| 2019-11-01 | 94 days | 1,440 sqft |
| 2019-12-01 | 115 days | 1,444 sqft |
| 2020-01-01 | 123 days | 1,463 sqft |
| 2020-02-01 | 128 days | 1,464 sqft |
| 2020-03-01 | 110 days | 1,476 sqft |
| 2020-04-01 | 81 days | 1,502 sqft |
| 2020-05-01 | 71 days | 1,497 sqft |
| 2020-06-01 | 61 days | 1,497 sqft |
| 2020-07-01 | 54 days | 1,538 sqft |
| 2020-08-01 | 57 days | 1,538 sqft |
| 2020-09-01 | 62 days | 1,494 sqft |
| 2020-10-01 | 64 days | 1,504 sqft |
| 2020-11-01 | 69 days | 1,451 sqft |
| 2020-12-01 | 78 days | 1,455 sqft |
| 2021-01-01 | 94 days | 1,421 sqft |
| 2021-02-01 | 105 days | 1,436 sqft |
| 2021-03-01 | 72 days | 1,445 sqft |
| 2021-04-01 | 42 days | 1,515 sqft |
| 2021-05-01 | 35 days | 1,512 sqft |
| 2021-06-01 | 32 days | 1,504 sqft |
| 2021-07-01 | 39 days | 1,501 sqft |
| 2021-08-01 | 51 days | 1,429 sqft |
| 2021-09-01 | 52 days | 1,445 sqft |
| 2021-10-01 | 51 days | 1,446 sqft |
| 2021-11-01 | 57 days | 1,470 sqft |
| 2021-12-01 | 69 days | 1,446 sqft |
| 2022-01-01 | 79 days | 1,405 sqft |
| 2022-02-01 | 70 days | 1,607 sqft |
| 2022-03-01 | 53 days | 1,668 sqft |
| 2022-04-01 | 30 days | 1,638 sqft |
| 2022-05-01 | 26 days | 1,589 sqft |
| 2022-06-01 | 32 days | 1,620 sqft |
| 2022-07-01 | 34 days | 1,615 sqft |
| 2022-08-01 | 39 days | 1,567 sqft |
| 2022-09-01 | 48 days | 1,580 sqft |
| 2022-10-01 | 53 days | 1,600 sqft |
| 2022-11-01 | 59 days | 1,557 sqft |
| 2022-12-01 | 77 days | 1,545 sqft |
| 2023-01-01 | 97 days | 1,515 sqft |
| 2023-02-01 | 100 days | 1,592 sqft |
| 2023-03-01 | 80 days | 1,564 sqft |
| 2023-04-01 | 39 days | 1,558 sqft |
| 2023-05-01 | 37 days | 1,624 sqft |
DULUTH's median listing age (time on market) for 2023-05-01 was 37 days.
This
is 42%
longer
than the same period one year ago.
DULUTH's median square footage for active listings during the 2023-05-01 period was 1,624 sqft. One year prior, the average listing was 1,589 sqft.
DULUTH's median square footage for active listings during the 2023-05-01 period was 1,624 sqft. One year prior, the average listing was 1,589 sqft.
DULUTH, MN-WI Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 54820 | Duluth, MN-WI | $630 | $650 | $850 | $1,110 | $1,380 |
| 54830 | Duluth, MN-WI | $640 | $660 | $860 | $1,120 | $1,390 |
| 54836 | Duluth, MN-WI | $680 | $710 | $920 | $1,210 | $1,490 |
| 54838 | Duluth, MN-WI | $690 | $710 | $930 | $1,210 | $1,510 |
| 54842 | Duluth, MN-WI | $740 | $760 | $1,000 | $1,300 | $1,610 |
| 54849 | Duluth, MN-WI | $670 | $690 | $900 | $1,170 | $1,460 |
| 54854 | Duluth, MN-WI | $690 | $710 | $930 | $1,210 | $1,510 |
| 54859 | Duluth, MN-WI | $690 | $720 | $940 | $1,230 | $1,520 |
| 54864 | Duluth, MN-WI | $820 | $850 | $1,110 | $1,450 | $1,800 |
| 54873 | Duluth, MN-WI | $600 | $620 | $810 | $1,060 | $1,310 |
| 54874 | Duluth, MN-WI | $900 | $930 | $1,220 | $1,590 | $1,970 |
| 54880 | Duluth, MN-WI | $670 | $700 | $910 | $1,190 | $1,470 |
| 54890 | Duluth, MN-WI | $690 | $720 | $940 | $1,230 | $1,520 |
| 55602 | Duluth, MN-WI | $760 | $790 | $1,020 | $1,340 | $1,620 |
| 55616 | Duluth, MN-WI | $600 | $660 | $810 | $1,090 | $1,260 |
| 55702 | Duluth, MN-WI | $890 | $920 | $1,200 | $1,570 | $1,940 |
| 55703 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55705 | Duluth, MN-WI | $620 | $640 | $840 | $1,100 | $1,360 |
| 55706 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,280 |
| 55707 | Duluth, MN-WI | $660 | $680 | $890 | $1,160 | $1,440 |
| 55708 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55710 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55711 | Duluth, MN-WI | $740 | $770 | $1,010 | $1,310 | $1,630 |
| 55713 | Duluth, MN-WI | $640 | $660 | $860 | $1,120 | $1,390 |
| 55717 | Duluth, MN-WI | $840 | $880 | $1,140 | $1,490 | $1,850 |
| 55718 | Duluth, MN-WI | $610 | $630 | $820 | $1,070 | $1,330 |
| 55719 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55720 | Duluth, MN-WI | $680 | $700 | $920 | $1,200 | $1,490 |
| 55723 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55724 | Duluth, MN-WI | $690 | $720 | $940 | $1,230 | $1,520 |
| 55725 | Duluth, MN-WI | $630 | $660 | $860 | $1,120 | $1,380 |
| 55726 | Duluth, MN-WI | $690 | $720 | $940 | $1,230 | $1,520 |
| 55731 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55732 | Duluth, MN-WI | $890 | $920 | $1,200 | $1,570 | $1,940 |
| 55733 | Duluth, MN-WI | $840 | $870 | $1,140 | $1,490 | $1,850 |
| 55734 | Duluth, MN-WI | $630 | $650 | $850 | $1,110 | $1,380 |
| 55736 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55738 | Duluth, MN-WI | $710 | $740 | $960 | $1,260 | $1,560 |
| 55741 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55746 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55749 | Duluth, MN-WI | $840 | $870 | $1,140 | $1,490 | $1,850 |
| 55750 | Duluth, MN-WI | $640 | $660 | $860 | $1,120 | $1,390 |
| 55751 | Duluth, MN-WI | $940 | $970 | $1,270 | $1,660 | $2,060 |
| 55756 | Duluth, MN-WI | $730 | $750 | $980 | $1,280 | $1,590 |
| 55757 | Duluth, MN-WI | $700 | $730 | $950 | $1,240 | $1,540 |
| 55758 | Duluth, MN-WI | $600 | $620 | $820 | $1,070 | $1,320 |
| 55763 | Duluth, MN-WI | $620 | $640 | $840 | $1,100 | $1,360 |
| 55765 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55766 | Duluth, MN-WI | $630 | $650 | $850 | $1,110 | $1,380 |
| 55767 | Duluth, MN-WI | $640 | $660 | $870 | $1,140 | $1,410 |
| 55768 | Duluth, MN-WI | $610 | $630 | $830 | $1,080 | $1,340 |
| 55769 | Duluth, MN-WI | $690 | $720 | $940 | $1,230 | $1,520 |
| 55771 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55779 | Duluth, MN-WI | $800 | $830 | $1,080 | $1,410 | $1,750 |
| 55780 | Duluth, MN-WI | $680 | $700 | $920 | $1,200 | $1,490 |
| 55781 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55782 | Duluth, MN-WI | $610 | $630 | $820 | $1,070 | $1,330 |
| 55783 | Duluth, MN-WI | $640 | $660 | $860 | $1,120 | $1,390 |
| 55787 | Duluth, MN-WI | $670 | $700 | $910 | $1,190 | $1,470 |
| 55790 | Duluth, MN-WI | $870 | $900 | $1,180 | $1,540 | $1,910 |
| 55792 | Duluth, MN-WI | $590 | $610 | $800 | $1,040 | $1,290 |
| 55796 | Duluth, MN-WI | $690 | $720 | $940 | $1,230 | $1,520 |
| 55797 | Duluth, MN-WI | $890 | $920 | $1,200 | $1,570 | $1,940 |
| 55798 | Duluth, MN-WI | $590 | $610 | $800 | $1,030 | $1,260 |
| 55802 | Duluth, MN-WI | $710 | $730 | $960 | $1,250 | $1,550 |
| 55803 | Duluth, MN-WI | $950 | $990 | $1,290 | $1,680 | $2,090 |
| 55804 | Duluth, MN-WI | $950 | $990 | $1,290 | $1,680 | $2,090 |
| 55805 | Duluth, MN-WI | $710 | $730 | $960 | $1,250 | $1,550 |
| 55806 | Duluth, MN-WI | $670 | $690 | $900 | $1,170 | $1,460 |
| 55807 | Duluth, MN-WI | $650 | $670 | $880 | $1,150 | $1,420 |
| 55808 | Duluth, MN-WI | $680 | $700 | $920 | $1,200 | $1,490 |
| 55810 | Duluth, MN-WI | $660 | $680 | $890 | $1,160 | $1,440 |
| 55811 | Duluth, MN-WI | $890 | $920 | $1,210 | $1,580 | $1,960 |
| 55812 | Duluth, MN-WI | $750 | $770 | $1,010 | $1,320 | $1,630 |
| 55814 | Duluth, MN-WI | $890 | $920 | $1,210 | $1,580 | $1,960 |
| 55816 | Duluth, MN-WI | $690 | $720 | $940 | $1,230 | $1,520 |
| 56649 | Duluth, MN-WI | $690 | $720 | $940 | $1,230 | $1,520 |
| 56669 | Duluth, MN-WI | $920 | $960 | $1,250 | $1,630 | $2,020 |
2022 Average & Median Rent Data Statistics
DULUTH, MN-WI average 1BR rent: $722, median: $700
DULUTH, MN-WI average 2BR rent: $944, median: $915
DULUTH, MN-WI average 3BR rent: $1,230, median: $1,195
DULUTH, MN-WI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,801 | $957,585,000 | $251,930 |
| Cash Out Refi | 1,245 | $238,955,000 | $191,932 |
| Refi | 932 | $197,860,000 | $212,296 |
| Home Improvement | 489 | $40,255,000 | $82,321 |
| Other | 476 | $44,710,000 | $93,929 |
| NA | 1 | $25,000 | $25,000 |
Duluth's most frequently cited loan purpose was Home Purchase, with 3,801 originations. The 2nd most popular reason was Cash Out Refi, with 1,245 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 1,924 | $399,460,000 | $207,620 |
| 4-5% | 1,492 | $343,840,000 | $230,456 |
| 3-4% | 1,266 | $269,820,000 | $213,128 |
| 6-7% | 871 | $162,915,000 | $187,044 |
| 2.5-3% | 272 | $50,400,000 | $185,294 |
| 7-8% | 256 | $38,740,000 | $151,328 |
| <2.5% | 141 | $19,535,000 | $138,546 |
| Over 8% | 65 | $5,775,000 | $88,846 |
During 2022, Duluth's most frequently originated rate bucket was 5-6%, with 1,924 originations.
Loan Sizing (DULUTH, MN-WI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,601 | $384,185,000 | $147,707 |
| $200k-400k | 1,940 | $519,680,000 | $267,876 |
| $100,000 or less | 1,927 | $108,825,000 | $56,474 |
| $400k-600k | 332 | $158,520,000 | $477,470 |
| $600k-1000k | 98 | $71,300,000 | $727,551 |
| $Over $1MM | 46 | $236,880,000 | $5,149,565 |
DULUTH's loan sizing saw the bucket of loans from $100k-200k with 2,601 originations, totaling $384,185,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,561 | $596,935,000 | $233,087 |
| 60-80% | 1,678 | $509,880,000 | $303,862 |
| 40-60% | 735 | $123,145,000 | $167,544 |
| Under 20% | 647 | $26,645,000 | $41,182 |
| 20-40% | 629 | $64,385,000 | $102,361 |
| Over 100% | 45 | $14,605,000 | $324,556 |
DULUTH's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,561 originations, totaling $596,935,000 in origination value.