Fastest-Appreciating ZIP Codes in Duluth, MN-WI (2026)
Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 55765 | Meadowlands, MN | $191,582 | $927 | 3.77% | 8.4% |
| 2 | 55797 | Wrenshall, MN | $340,990 | $1,242 | 2.84% | 8.1% |
| 3 | 54859 | Minong, WI | $337,531 | $954 | 2.20% | 7.7% |
| 4 | 55750 | Hoyt Lakes, MN | $127,935 | $1,125 | 6.86% | 7.6% |
| 5 | 55713 | Buhl, MN | $134,669 | $1,116 | 6.46% | 7.5% |
| 6 | 54836 | Foxboro, WI | $292,855 | $999 | 2.66% | 7.1% |
| 7 | 55798 | Wright, MN | $250,864 | $927 | 2.88% | 7.1% |
| 8 | 55732 | Embarrass, MN | $211,454 | $927 | 3.42% | 6.9% |
| 9 | 55706 | Babbitt, MN | $153,779 | $927 | 4.70% | 6.9% |
| 10 | 55805 | Duluth, MN | $227,779 | $1,317 | 4.51% | 6.9% |
| 11 | 54830 | Danbury, WI | $318,743 | $927 | 2.27% | 6.8% |
| 12 | 54873 | Solon Springs, WI | $305,183 | $927 | 2.37% | 6.8% |
| 13 | 55751 | Iron, MN | $245,023 | $981 | 3.12% | 6.8% |
| 14 | 55767 | Moose Lake, MN | $297,053 | $1,044 | 2.74% | 6.8% |
| 15 | 55763 | Makinen, MN | $230,126 | $927 | 3.14% | 6.8% |
| 16 | 55806 | Duluth, MN | $217,684 | $1,240 | 4.44% | 6.8% |
| 17 | 55707 | Barnum, MN | $305,757 | $1,089 | 2.78% | 6.7% |
| 18 | 55746 | Hibbing, MN | $167,061 | $1,067 | 4.98% | 6.6% |
| 19 | 54880 | Superior, WI | $243,526 | $1,144 | 3.66% | 6.6% |
| 20 | 55718 | Carlton, MN | $347,440 | $972 | 2.18% | 6.6% |
| 21 | 55616 | Two Harbors, MN | $303,872 | $1,242 | 3.19% | 6.5% |
| 22 | 55705 | Aurora, MN | $165,170 | $927 | 4.38% | 6.5% |
| 23 | 55731 | Ely, MN | $291,063 | $1,008 | 2.70% | 6.5% |
| 24 | 55807 | Duluth, MN | $219,534 | $1,669 | 5.93% | 6.5% |
| 25 | 54854 | Maple, WI | $263,746 | $927 | 2.74% | 6.4% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Duluth, MN-WI · Affordable in Duluth, MN-WI
Or see the full Duluth, MN-WI metro profile.