Real Estate Market Update for Victoria, MN
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 38% from one year earlier, and down 27% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 540-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 300%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 450-thousand dollars. The number of units sold increased more than 300% year-over-year, and increased 18% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript

Map Information for Victoria, MN

Area Information for Victoria, MN
  • Population: 11,267
  • Median Age: 41.01 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 1,294/sq mi
  • Population Change Since 2000: 155.21%
  • Closest Airport: Minneapolis-st Paul International/wold-chamberlain
  • Closest College: Crown College
  • Closest Jr. College: Normandale Community College
  • Median Household Income: $151,318
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $495,000
  • Closest Major Sports Team: Minnesota Lynx
  • Change Avg. Household Income Since 2000: 51.07%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Victoria, MN
Median Age: 41.01 Married: 59% Number of Households: 3,753 Households with Children: 1,563
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Victoria, MN

      School Name Distance Type Grades School Rating
      Victoria Elementary School 2.1 mi Public PRESCHOOL-5 4
      Holy Family Catholic High School 2.9 mi Catholic 9-12 0
      Laketown Elementary 3.3 mi Public PRESCHOOL-5 5
      Clover Ridge Elementary School 3.6 mi Public K-5 4
      Trinity Lutheran School 3.8 mi Private PRESCHOOL-8 0
      St. Josephs School 4.2 mi Catholic PRESCHOOL-8 0
      Southview Elementary School 4.4 mi Public K-5 4
      Jonathan Montessori School 4.6 mi Private PRESCHOOL-K 0
      Transitions 110 4.7 mi Public UNGRADE-UNGRADE 0
      Waconia Area Learning Center Ss/as 4.7 mi Public 5-12 0
      Early Childhood Special Education 4.7 mi Public K-12 0
      Bayview Elementary School 4.7 mi Public K-5 4
      Jonathan Elementary School 4.7 mi Public K-5 4
      World Learner Charter School 4.7 mi Public 1-8 3
      Southwest Christian High School 4.7 mi Private 9-12 0
      Integrated Arts Academy 5.0 mi Public 9-12 1
      112 Alc Middle School 5.0 mi Public 6-8 0
      La Academia 5.3 mi Public K-5 3
      Waconia Middle School 5.3 mi Public 6-8 5
      Step By Step Montessori 5.3 mi Private PRESCHOOL-PRESCHOOL 0
      Chaska High School 5.4 mi Public 9-12 4
      Chaska Middle School West 5.5 mi Public 6-8 4
      Chaska Middle School East 5.6 mi Public 6-8 4
      Breakaway Academy 5.7 mi Private 5-8 0
      Waconia Senior High School 5.8 mi Public 9-12 3
      Steps Toward Adult Responsibility 5.9 mi Public UNGRADE-UNGRADE 0
      Pioneer Ridge Middle School 6.0 mi Public 6-8 4
      Waconia Alternative Learning Center 6.0 mi Public 9-12 0
      Guardian Angels Elementary School 6.2 mi Catholic PRESCHOOL-8 0
      St John's Lutheran School 6.2 mi Private PRESCHOOL-8 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Victoria, MN
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.