Hermantown, MN Housing Market

The Hermantown housing market is not very competitive. The median sale price of a home in Hermantown was $415K last month, down 31.0% since last year. The median sale price per square foot in Hermantown is $244, up 19.3% since last year.

Trends
Demand
Migration
Schools
Climate

Hermantown Housing Market Trends

What is the housing market like in Hermantown today?

$415K

Sale Price

-31.0%
since last year

$244

Sale $/Sq. Ft.

+19.3%
since last year

Under List Price

2.4%

Days on Market

70.5

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 not very competitive. Homes sell in 70.5 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 71 days.
Hot homes
can sell for about 3% above list price and go pending in around 28 days.

Compare With Nearby Cities

Duluth

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 36 days.
Hot homes
can sell for about 7% above list price and go pending in around 17 days.

Superior

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 12 days.
Hot homes
can sell for about 6% above list price and go pending in around 5 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 JUN 27, 2025
$449,900 Last Sold Price
3 beds
2 baths
2,217 sq ft
5134 W Arrowhead Rd, Hermantown, MN 55811
List Price
$449,900
Sale to List
0% over list
Days on Market
44 days
5134 W Arrowhead Rd, Hermantown, MN 55811
SOLD JUN 27, 2025
$370,000 Last Sold Price
4 beds
2 baths
1,756 sq ft
5560 Highway 194, Hermantown, MN 55811
List Price
$340,000
Sale to List
9% over list
Days on Market
45 days
5560 Highway 194, Hermantown, MN 55811
SOLD JUN 27, 2025
$405,000 Last Sold Price
3 beds
2 baths
1,665 sq ft
4834 Hermantown Rd, Hermantown, MN 55811
List Price
$389,900
Sale to List
4% over list
Days on Market
34 days
4834 Hermantown Rd, Hermantown, MN 55811
SOLD JUN 26, 2025
Unknown Last Sold Price
—beds
—baths
—sq ft
4465 Midway Rd, Hermantown, MN 55811
List Price
—
Sale to List
—
Days on Market
38 days
4465 Midway Rd, Hermantown, MN 55811
SOLD JUN 20, 2025
$215,000 Last Sold Price
1 bed
1 bath
656 sq ft
5080 Benson Rd, Hermantown, MN 55811
List Price
$229,900
Sale to List
6% under list
Days on Market
76 days
5080 Benson Rd, Hermantown, MN 55811
SOLD JUN 13, 2025
$415,000
2 beds
2 baths
1,700 sq ft
3785 Keene Creek Ln, Duluth, MN 55811
List Price
—
Sale to List
—
Days on Market
—
3785 Keene Creek Ln, Duluth, MN 55811
SOLD JUN 11, 2025
$530,000 Last Sold Price
4 beds
2 baths
2,068 sq ft
4053 Stebner Rd, Hermantown, MN 55811
List Price
$464,900
Sale to List
14% over list
Days on Market
34 days
4053 Stebner Rd, Hermantown, MN 55811
SOLD JUN 10, 2025
$230,000 Last Sold Price
2 beds
1 bath
1,064 sq ft
3757 Haines Rd, Hermantown, MN 55811
List Price
$215,900
Sale to List
7% over list
Days on Market
34 days
3757 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

7/10 Hermantown Middle School Public • 5-8	680 Students	3 reviews
7/10 Hermantown Elementary School Public • K-4	739 Students	1 reviews

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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