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Housing in Colvin

A typical Colvin home is worth roughly $165,000

Typical home value
$165K
MN $351K
Estimate
2-bedroom rent
$1,030
a month, utilities in · HUD
Median tax bill
$1,330
MN $3,357

What kind of housing town is Colvin?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

94% of Colvin households own their home

Half of Colvin’s homes were built before 1974.

Owners and renters
Own 94%Rent 6%

Minnesota: 72% own.

1974
typical home built · MN 1979
$1,330
median property tax bill · MN $3,357
57%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

What it takes to buy in Colvin

Try your own numbers below.

You could afford about
$341,000
Typical Colvin home $165K

That covers a typical Colvin home, with $176K to spare.

The typical home, each month
$1,010
Loan $820Tax $140Insurance $50

A two-bedroom rents for about $1,030 a month here, $20 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,030

Fair Market Rent a month, utilities included

Studio$710
1 bedroom$810
2 bedrooms$1,030
3 bedrooms$1,390
4 bedrooms$1,730
6%
of households rent · MN 28%
5
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Duluth, MN-WI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Colvin vs. its neighbors

The towns that share a border with Colvin. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Colvin$165K*—$1,030$76,818
White$124K*−5.7%†$1,030$55,293

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Colvin buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Colvin still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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