Why Live in Victory
Victory in Minneapolis is a suburban neighborhood known for its historic charm and active community life. The Victory Neighborhood Association organizes monthly meetings at Corner Coffee, where residents plan events like garage sales and holiday celebrations. The neighborhood features early- to mid-20th-century bungalows with unique architectural details such as steeply pitched roofs, exterior stonework, and brightly painted trim. Victory Memorial Parkway, a linear green space with trails connecting to the Grand Rounds National Scenic Byway, surrounds the neighborhood, making it ideal for runners and cyclists. Victory Park offers athletic facilities, playgrounds, and picnic areas, while the Victory Prairie Off-Leash Dog Park provides a space for dogs to socialize. Ryan Lake Park, opened in 2017, includes trails, a fishing pier, and kayak and canoe launches.
Victory is six miles from downtown Minneapolis, with a 15-minute drive or a 30-minute bike or bus ride. The closest hospital, North Memorial Health, is two miles away, and the Minneapolis-Saint Paul International Airport is 15 miles away. Local businesses like Hot Comics and Collectibles and Dancing Bear Chocolate are popular, with the latter known for its sweet treats and homemade gelato. For groceries, residents frequent the Hy-Vee two miles away. Victory’s housing market is competitive, with homes selling in an average of 21 days. Most homes are single-family residences from the 1930s and 1940s, featuring small, manageable lawns shaded by tall trees. The neighborhood is relatively inexpensive compared to the rest of Minneapolis, with home prices averaging between $200,000 and $350,000.
Home Trends in Victory, MN
On average, homes in Victory, Minneapolis sell after 23 days on the market compared to the national average of 70 days. The median sale price for homes in Victory, Minneapolis over the last 12 months is $473,291, down 23% from the median home sale price over the previous 12 months.
Median Sale Price
$473,291
Median Single Family Sale Price
$465,000
Median Townhouse Sale Price
$491,808
Median 2 Bedroom Sale Price
$799,000
Average Price Per Sq Ft
$332
Number of Homes for Sale
18
Last 12 months Home Sales
46
Median List Price
$497,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-23%