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ZIP 55811 in Hermantown, MN: housing market trends

The median home sale price in ZIP 55811 in Hermantown, MN was $363,393 for the three-month period ending September 2026. Sale prices were 3.8% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$363,393
three-month period ending September 2026
Median sale price per sq ft
$218.48
three-month period ending September 2026
Active listings
200
three-month period ending September 2026
Typical monthly rent
$1,995
Rent index · August 2026

How is housing inventory changing?

There were 200 active listings for the three-month period ending September 2026. Active listings were 28.2% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 20 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 55811 in Hermantown, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$363,393$218.48134
Single-familySeptember 2026$357,910$217.73122
TownhousesSeptember 2026$526,501$252.786 · small sample
Condos / co-opsSeptember 2026$298,491$242.446 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 55811 in Hermantown, MN
MarketMedian sale priceReporting period / source
Hermantown, MN$479,7723 months ending September 2026 · Redfin
Duluth, MN$300,000Month ending July 2026 · Zillow
Proctor, MN$259,8763 months ending September 2026 · Redfin
Esko, MN$417,8013 months ending September 2026 · Redfin
Saginaw, MNUnavailableMonth ending unavailable date · Zillow
Scanlon, MN$205,9023 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 55811 in Hermantown, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$363,393$218.48200
August 2026$380,000$228.29215
July 2026$420,000$231.98215
June 2026$444,000$235.75177
May 2026$433,500$226.35145
April 2026$400,000$214.67102
March 2026$351,000$196.7478
February 2026$340,000$213.1880
January 2026$340,000$210.5083
December 2025$366,200$215.52103
November 2025$350,000$206.55119
October 2025$350,000$207.57145
September 2025$350,000$211.80156
August 2025$369,000$223.29170
July 2025$369,000$223.63170
June 2025$367,000$215.43158
May 2025$355,000$193.75134
April 2025$326,500$189.61118
March 2025$317,000$190.79101
February 2025$317,000$195.9596
January 2025$325,000$197.85117
December 2024$355,000$200.12141
November 2024$350,000$206.72166
October 2024$352,500$204.77189

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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