Hermantown, MN Housing Market

The Hermantown housing market is somewhat competitive. The median sale price of a home in Hermantown was $340K last month, up 38.8% since last year. The median sale price per square foot in Hermantown is $152, down 45.1% since last year.

Trends
Demand
Migration
Schools
Climate

Hermantown Housing Market Trends

What is the housing market like in Hermantown today?

$340K

Sale Price

+38.8%
since last year

$152

Sale $/Sq. Ft.

-45.1%
since last year

Under List Price

1.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Hermantown and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Hermantown add value to a home.

How hot is the Hermantown housing market?

Hermantown is somewhat competitive. Homes sell in 40 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 25 days.

Compare With Nearby Cities

Duluth

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 40 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 days.

Superior

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 28 days.
Hot homes
can sell for about 1% above list price and go pending in around 16 days.

See more nearby cities and neighborhoods

Hermantown Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Hermantown that sold recently

Recently sold homes

SOLD FEB 28, 2025
$340,000 Last Sold Price
4 beds
2 baths
—sq ft
3941 Haines Rd, Hermantown, MN 55811
List Price
$339,900
Sale to List
0% over list
Days on Market
58 days
3941 Haines Rd, Hermantown, MN 55811
SOLD FEB 21, 2025
$140,124
3 beds
2 baths
1,160 sq ft
5891 Morris Thomas Rd, Hermantown, MN 55810
List Price
—
Sale to List
—
Days on Market
—
5891 Morris Thomas Rd, Hermantown, MN 55810
SOLD FEB 11, 2025
$699,900
4 beds
4 baths
2,121 sq ft
3982 Hidden Creek Ave, Duluth, MN 55811
List Price
—
Sale to List
—
Days on Market
—
3982 Hidden Creek Ave, Duluth, MN 55811
SOLD JAN 16, 2025
$695,000
4 beds
4 baths
2,298 sq ft
5143 Cedar Ridge Dr, Duluth, MN 55811
List Price
—
Sale to List
—
Days on Market
—
5143 Cedar Ridge Dr, Duluth, MN 55811
SOLD JAN 16, 2025
$233,333
3 beds
1 bath
1,201 sq ft
4050 Sangstrom Rd, Hermantown, MN 55810
List Price
—
Sale to List
—
Days on Market
—
4050 Sangstrom Rd, Hermantown, MN 55810
SOLD JAN 3, 2025
$295,000 Last Sold Price
2 beds
1 bath
—sq ft
4988 Morris Thomas Rd, Hermantown, MN 55811
List Price
$295,000
Sale to List
0% over list
Days on Market
50 days
4988 Morris Thomas Rd, Hermantown, MN 55811
SOLD DEC 31, 2024
$385,000
3 beds
2 baths
2,112 sq ft
4414 Welsh Rd, Hermantown, MN 55811
List Price
—
Sale to List
—
Days on Market
—
4414 Welsh Rd, Hermantown, MN 55811
SOLD DEC 31, 2024
$245,000
3 beds
2 baths
1,015 sq ft
3781 Haines Rd, Hermantown, MN 55811
List Price
—
Sale to List
—
Days on Market
—
3781 Haines Rd, Hermantown, MN 55811
See all recently sold homes in Hermantown.
See listings

Schools in Hermantown

Learn about schools in the Hermantown area

Elementary
Middle
High

GreatSchools Rating

8/10 Hermantown Elementary School Public • K-4	741 Students	1 reviews
7/10 Hermantown Middle School Public • 5-8	658 Students	3 reviews
NR Hermantown Alternative Learning Prg Public • 5-12	11 Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Hermantown housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hermantown.

Heat Factor - Minimal

100% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Hermantown

New Listings in Hermantown

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