SIALIMStatistical Intelligence for America's Local Investment Markets

55811Hermantown, MN Home Values

Typical home value $366,514 as of July 2026 · 8th of 72 in Duluth, MN-WI

Typical value — July 2026
$366,514
observed, not a forecast
Past 12 months
+5.9%
trailing year-over-year change
Past 5 years
+29.8%
July 2021 to July 2026
Rank in metro
8th
of 72 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 55811, July 2021 to July 2026. This page shows observed data only; no forecast.

How 55811 compares in the Duluth, MN-WI area

ZIP code 55811 (Hermantown, MN) has a typical home value of $366,514 as of July 2026, ranking 8th of 72 ZIP codes tracked in the Duluth, MN-WI area, more expensive than about 90% of ZIP codes in the metro. Prices here have moved +5.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +29.8%, from $282,260 in July 2021 to $366,514 in July 2026. Against observed rent, the typical home here sells for 15.3× the annual rent ($2,002/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Duluth, MN-WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Duluth.

Population and demographics

ZIP code 55811 has a population of 27,907, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.8% White, 3% two or more races, 1.7% Asian, 1.5% Hispanic or Latino, 1.2% Black or African American, 0.7% American Indian or Alaska Native, 0.1% Native Hawaiian or Pacific Islander, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
HERMANTOWN MIDDLE4335 HAWK CIRCLE DRIVE, HERMANTOWN, MN1.3 mi
Hermantown Alternative Learning Prg4335 HAWK CIRCLE DR, HERMANTOWN, MN1.3 mi
HERMANTOWN SENIOR HIGH4335 HAWK CIRCLE DR, HERMANTOWN, MN1.3 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 55811?

$366,514 as of July 2026, the latest month Zillow has published observed data for.

Is 55811 an expensive ZIP code in the Duluth, MN-WI area?

55811 ranks 8th of 72 ZIP codes in the Duluth, MN-WI area by typical home value, more expensive than about 90% of ZIP codes in the metro.

How much have home values in 55811 changed over the past year?

+5.9% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 55811?

The typical home price is 15.3× the observed annual rent in this ZIP code ($2,002/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 55811?

27,907, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 55811?

HERMANTOWN MIDDLE (1.3 mi), Hermantown Alternative Learning Prg (1.3 mi), HERMANTOWN SENIOR HIGH (1.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 55811?

No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Duluth, MN-WI forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.