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Highest Home Value in Minnesota

Top 100 cities ranked by highest home value

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All Countries  ·  United States  ·  Minnesota

Highest Home Value — Minnesota

1 Orono $952,400
2 North Oaks $756,300
3 Shorewood $684,500
4 Medina $660,800
5 Minnetrista $624,600
6 Edina $624,000
7 Lake Elmo $588,900
8 Credit River $577,600
9 Victoria $572,800
10 Corcoran $540,100
11 Chanhassen $530,700
12 Dayton $510,600
13 Mendota Heights $504,100
14 Plymouth $474,700
15 Mahtomedi $466,100
16 Eden Prairie $463,300
17 Minnetonka $456,200
18 Rogers $437,900
19 Woodbury $434,900
20 Ham Lake $430,100
21 Prior Lake $429,900
22 Carver $427,600
23 Lakeville $425,200
24 Arden Hills $423,800
25 Golden Valley $423,500
26 Waconia $407,600
27 Rosemount $406,100
28 Stillwater $398,100
29 Maple Grove $397,400
30 Savage $395,600
31 Hugo $394,200
32 Oak Grove $394,100
33 Andover $389,200
34 Lino Lakes $385,000
35 Eagan $380,800
36 Chaska $379,400
37 Forest Lake $375,900
38 Hermantown $374,000
39 St. Louis Park $371,600
40 Otsego $367,200
41 Falcon Heights $366,800
42 Chisago City $366,600
43 St. Michael $365,800
44 St. Anthony city (Hennepin and Ramsey Counties) $365,700
45 Shoreview $365,100
46 Shakopee $361,400
47 Cottage Grove $359,600
48 Apple Valley $354,200
49 Inver Grove Heights $352,300
50 Hopkins $350,100
51 Mound $348,600
52 Delano $347,500
53 Bloomington $346,200
54 New Brighton $345,900
55 Minneapolis $345,600
56 Farmington $345,100
57 Ramsey $345,000
58 East Bethel $343,200
59 Champlin $338,400
60 Elk River $338,300
61 Burnsville $335,100
62 Roseville $334,800
63 Vadnais Heights $334,500
64 Wyoming $328,900
65 Blaine $327,500
66 Albertville $326,400
67 Byron $326,400
68 New Prague $323,500
69 Richfield $320,400
70 Jordan $319,000
71 White Bear Lake $318,000
72 New Hope $314,600
73 Brooklyn Park $313,500
74 Oakdale $305,900
75 Northfield $305,300
76 Little Canada $302,600
77 Monticello $298,400
78 Baxter $298,400
79 St. Francis $297,800
80 Mounds View $294,500
81 Hastings $294,100
82 Anoka $292,900
83 Big Lake $291,700
84 Maplewood $291,300
85 North Branch $290,600
86 Rochester $287,500
87 Coon Rapids $287,200
88 North St. Paul $286,600
89 Zimmerman $284,600
90 Buffalo $281,900
91 West St. Paul $281,800
92 Spring Lake Park $281,800
93 Crystal $280,500
94 Robbinsdale $280,400
95 Belle Plaine $280,400
96 St. Paul $280,300
97 Sartell $278,000
98 Fridley $277,100
99 South St. Paul $266,800
100 Isanti $264,600

The most expensive housing markets in Minnesota reflect areas of high demand, limited supply, and strong local economies. Orono leads with a median home value of $952,400. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Orono costs $952,400 — 2.7x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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