Excelsior, MN
Full City Profile · Minnesota · Carver County County
3.7
/5.0
B+
Good
2,359
Population
3,744/sq mi density
$108,611
Median Income
$88,475 per capita
$839,500
Home Value
$818,921 Zillow
$1,125
Median Rent
20.7% income on rent
45°F
Avg Temperature
270 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$108,611 median income, 0.0% unemployment
C
Affordability
2.3 / 5.0
$839,500 home value, $1,125/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
52.4% bachelor's degree or higher
Housing Overview
Median Home Value
$839,500
198% above
US avg: $281,900
Median Rent
$1,125/mo
3% below
US avg: $1,163/mo
Homeownership Rate
48.8%
25% below US avg (65.4%)
Total Housing Units
1,331
Median year built: 1966
Home Value by Source
Census Median
$839,500
Zillow (ZHVI)
$818,921
Median Sale Price
$650,000
Median List Price
$537,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.8%
Owner-Occupied
51.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,125/mo
Market Indicators (Redfin)
Median Days on Market
11 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$373
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
20.7%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
48.8%
Complete Housing Data
Home Values
| Census Median Value | $839,500 |
| Zillow Home Value (ZHVI) | $818,921 |
| Median Sale Price | $650,000 |
| Median List Price | $537,500 |
| Price Per Sq Ft | $373 |
Rent
| Census Median Rent | $1,125 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 11 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.4% |
| Homes Sold | 3 |
| Active Inventory | 13 |
| Price Per Sq Ft | $373 |
Ownership & Stock
| Owner-Occupied | 48.8% |
| Renter-Occupied | 51.2% |
| Homeownership Rate | 48.8% |
| Total Housing Units | 1,331 |
| Median Year Built | 1966 |
| Rent Burden | 20.7% |
All Countries























































































































































































































































