Cities with the most expensive homes in Minnesota

Written by:
November 7, 2022
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Cities with the most expensive homes in Minnesota

Stacker compiled a list of cities with the most expensive homes in Minnesota using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of September 2022. The charts in this story were created automatically using Matplotlib. The most expensive city on the list has a typical home value of $1,753,141 which is 424% higher than the state average of $334,482.

Metros with the most cities in the top 30 in Minnesota
#1. Minneapolis-St. Paul-Bloomington, MN-WI: 28
#2. Faribault-Northfield, MN: 1
#2. Rochester, MN: 1

Read on to see which cities made the list.

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#30. Scandia

- Typical home value: $526,288
- 1-year price change: +8.2%
- 5-year price change: +48.3%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#29. Mendota Heights

- Typical home value: $535,817
- 1-year price change: +6.7%
- 5-year price change: +38.9%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#28. Victoria

- Typical home value: $540,651
- 1-year price change: +6.8%
- 5-year price change: +38.0%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#27. Oronoco

- Typical home value: $547,120
- 1-year price change: +10.6%
- 5-year price change: +43.1%
- Metro area: Rochester, MN

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#26. Gem Lake

- Typical home value: $552,211
- 1-year price change: +8.2%
- 5-year price change: +42.6%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#25. Corcoran

- Typical home value: $554,132
- 1-year price change: +9.2%
- 5-year price change: +37.2%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#24. Webster

- Typical home value: $555,051
- 1-year price change: +14.0%
- 5-year price change: +42.6%
- Metro area: Faribault-Northfield, MN

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#23. Pine Springs

- Typical home value: $599,672
- 1-year price change: +8.6%
- 5-year price change: +42.8%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#22. Edina

- Typical home value: $614,675
- 1-year price change: +5.9%
- 5-year price change: +29.4%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#21. Marine on Saint Croix

- Typical home value: $616,414
- 1-year price change: +8.9%
- 5-year price change: +49.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#20. Greenfield

- Typical home value: $622,646
- 1-year price change: +12.0%
- 5-year price change: +42.7%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#19. Lake Elmo

- Typical home value: $626,297
- 1-year price change: +8.5%
- 5-year price change: +39.8%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#18. Minnetrista

- Typical home value: $665,654
- 1-year price change: +9.2%
- 5-year price change: +36.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#17. Shorewood

- Typical home value: $692,351
- 1-year price change: +8.0%
- 5-year price change: +35.9%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#16. Grant

- Typical home value: $715,149
- 1-year price change: +6.8%
- 5-year price change: +45.7%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#15. Independence

- Typical home value: $725,773
- 1-year price change: +11.2%
- 5-year price change: +40.0%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#14. Afton

- Typical home value: $731,360
- 1-year price change: +8.3%
- 5-year price change: +54.4%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#13. Excelsior

- Typical home value: $807,123
- 1-year price change: +10.0%
- 5-year price change: +54.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#12. Medina

- Typical home value: $809,725
- 1-year price change: +8.8%
- 5-year price change: +31.6%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#11. Wayzata

- Typical home value: $813,117
- 1-year price change: +8.2%
- 5-year price change: +37.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#10. North Oaks

- Typical home value: $861,056
- 1-year price change: +3.5%
- 5-year price change: +25.7%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#9. Dellwood

- Typical home value: $885,704
- 1-year price change: +13.9%
- 5-year price change: +40.2%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#8. Deephaven

- Typical home value: $923,281
- 1-year price change: +10.2%
- 5-year price change: +35.9%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#7. Tonka Bay

- Typical home value: $991,637
- 1-year price change: +9.3%
- 5-year price change: +37.4%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#6. Medicine Lake

- Typical home value: $1,032,584
- 1-year price change: +8.5%
- 5-year price change: +28.0%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#5. Orono

- Typical home value: $1,037,783
- 1-year price change: +9.9%
- 5-year price change: +40.1%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#4. Sunfish Lake

- Typical home value: $1,172,699
- 1-year price change: +3.5%
- 5-year price change: +33.9%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#3. Woodland

- Typical home value: $1,352,149
- 1-year price change: +6.9%
- 5-year price change: +23.4%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#2. Greenwood

- Typical home value: $1,369,310
- 1-year price change: +5.1%
- 5-year price change: +35.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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#1. Minnetonka Beach

- Typical home value: $1,753,141
- 1-year price change: +4.6%
- 5-year price change: +37.2%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

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