Why Live in Proctor
From the late 1800s through WWII, Proctor was a major railway town for transporting iron ore on the Missabe & Northern Railway, which now operates as the CE Railway. Though it’s no longer the primary reason people move here, its legacy has left a lasting impact. Locals constantly drive by a historic locomotive on display at the history museum, the high school mascot is the Rails, and a festival is held every year in honor of the town’s railroad heritage. In its heyday, about 3,000 people worked at the railway in this small town, so their homes were built to fit a more urban setting. “The houses in town have small lots and are close, but not to where you can walk in between two and touch both,” says Jamie Sathers-Day, a broker with JS Realty who sells homes in Proctor. Single-family homes are predominant in Proctor, but there are some townhouses and condos as well. The median sale price is $275,000, compared to the medians of Duluth at nearly $300,000 and the neighboring suburb of Hermantown at $420,000. The town has a grid residential layout, where many homes sit on small lots and have detached garages accessible from a back alleyway. Single-family homes date from the late 1800s
Home Trends in Proctor, MN
On average, homes in Proctor, MN sell after 19 days on the market compared to the national average of 50 days. The median sale price for homes in Proctor, MN over the last 12 months is $275,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$275,000
Median Single Family Sale Price
$269,900
Median Townhouse Sale Price
$170,000
Median 2 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$173
Number of Homes for Sale
2
Last 12 months Home Sales
16
Median List Price
$284,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%