Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 11,297 people, 3,709 houses or apartments, and a median cost of homes of $591,542, Victoria house prices are not only among the most expensive in Minnesota, Victoria real estate also is some of the most expensive in all of America.
Victoria is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Victoria than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Victoria. Owner-occupied housing accounts for 89.86% of Victoria's homes, and 68.64% have either three or four bedrooms, which is average sized relative to America.
Victoria homes and real estate are some of the newest in America. 62.33% of Victoria's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Victoria real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.65%), and between 1940-1969 ( 8.15%). There's also some housing in Victoria built before 1939 ( 2.87%).
Victoria's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Victoria during the period has been just 4.62%, which is lower than 80% of US communities.
Over the last year, Victoria appreciation rates have trailed the rest of the nation. In the last twelve months, Victoria's appreciation rate has been 1.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Victoria were at -2.13%, which equates to an annual appreciation rate of -8.26%.
Notably, Victoria's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Minnesota, our data show that Victoria's latest annual appreciation rate is lower than 90% of the other cities and towns in Minnesota.
$591,542
for Minnesota
for nation
3,709
$3,576 / per month