Park Place Homes, Duluth, MN
Park Place Homes — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Park Place Homes, Duluth, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Park Place Homes Neighborhood Overview
Park Place Homes is a residential neighborhood located in the eastern part of Duluth, Minnesota. Situated near the University of Minnesota Duluth campus, it offers a convenient and established community setting. The area provides residents with a blend of suburban tranquility and easy access to urban amenities.
Lifestyle & Amenities
Residents enjoy proximity to the expansive campus of the University of Minnesota Duluth, which offers recreational facilities and cultural events. The neighborhood is also a short distance from the shores of Lake Superior and popular parks like Chester Park. This location supports an active, outdoor-oriented lifestyle within a quiet residential area.
Real Estate Market
The real estate in Park Place Homes consists primarily of single-family homes. According to U.S. Census data, the median home value in the 55802 ZIP code is $450,500. This indicates a stable and valuable housing market within the Duluth area.
Schools & Education
The neighborhood is served by the Duluth Public School District (ISD 709). Families in the area have access to a range of public educational institutions from elementary through high school. The close proximity to the University of Minnesota Duluth also provides unique educational and enrichment opportunities.
Transportation & Connectivity
Park Place Homes is well-connected by major arteries like Woodland Avenue and Jean Duluth Road, facilitating easy commutes across Duluth. The Duluth Transit Authority provides public bus service throughout the city for additional connectivity. Its location offers efficient access to downtown Duluth, the medical district, and shopping centers.
Why Choose Park Place Homes
Park Place Homes is an ideal choice for those seeking a quiet, established neighborhood with excellent access to Duluth's premier educational and natural assets. The combination of stable housing values, a convenient location, and proximity to the university and Lake Superior creates a highly desirable community. It appeals to students, faculty, professionals, and families looking for a balanced lifestyle.
Park Place Homes Market Data
| Metric | Value |
|---|---|
| Median Home Price | $451K |
| Median Gross Rent | $693/mo |
| Median Household Income | $39K |
| Homeownership Rate | 31.3% |
| Renter-Occupied | 68.7% |
| Rental Vacancy Rate | 0.6% |
| Market Type | Seller's |
| Market Tier | Upper Mid |
| Primary ZIP Code | 55802 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Park Place Homes, Duluth
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Park Place Homes, Duluth, MN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12