Why Live in Victoria
Victoria, Minnesota, known as the "City of Lakes and Parks," is situated south of Lake Minnetonka and offers a small-town lifestyle with abundant outdoor recreation. The city boasts 12 lakes and the expansive 3,700-acre Carver Park Reserve, providing residents with ample opportunities for hiking, boating, and enjoying nature. Victoria is home to over 11,000 residents and features a mix of two-story traditional homes, new constructions, and lakeside properties. The local economy is supported by healthcare, construction, and education sectors. The city maintains 32 parks and over 400 acres of green space, including popular spots like Lions Park and Diethelm Park, which offer playgrounds, sports facilities, and an outdoor ice rink. Carver Park Reserve on the northside features 25 miles of hiking trails, a large off-leash dog park, and several lakes with boat launches and fishing piers. Victoria's downtown area includes locally owned shops and restaurants, such as Winchester & Rye, known for its wood-fired pizzas and craft beers. The city is part of the highly rated Eastern Carver County Public Schools, with most students attending Chanhassen High School. For healthcare, residents have access to Ridgeview Medical Center and Two Twelve Medical Center nearby. Victoria is connected to neighboring areas via Highways 5 and 7, with the Minneapolis–Saint Paul International Airport 25 miles away. The city is undergoing development with the Downtown West plan, which aims to add new apartments and greenspace by 2040.
Home Trends in Victoria, MN
On average, homes in Victoria, MN sell after 39 days on the market compared to the national average of 70 days. The median sale price for homes in Victoria, MN over the last 12 months is $575,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$575,000
Median Single Family Sale Price
$662,495
Median Townhouse Sale Price
$399,990
Average Price Per Sq Ft
$225
Number of Homes for Sale
24
Last 12 months Home Sales
121
Median List Price
$565,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%