Similar to its surrounding areas, it is significantly more expensive compared to the entire country. Compared to even the city of Minneapolis, it's significantly more expensive.
Home prices
The median home in Victoria is valued at $427,400. It is about $16,300 (3%) higher compared to other places in this area.It is approximately $209,900 (96%) higher in comparison to the rest of the nation, and it is roughly $175,800 (69%) higher compared to the city of Minneapolis.
Rents
The median monthly rent in Victoria is $1,285. In comparison to other places in this area it is approximately $95 (6%) lower.It is roughly $223 (20%) higher in comparison to the US as a whole, and is roughly $258 (25%) higher in comparison to the city of Minneapolis.
Nearby places
Chaska
Chaska is Victoria's neighbor to the southeast. Real estate prices there are a lot less expensive. The median home price in Chaska is $266,200, which comes out to $161,200 (60%) lower than Victoria. Rent there is a little less expensive. Chaska's median monthly rent is $1,178, which is $107 (9%) lower than Victoria.
Shorewood
Shorewood is Victoria's neighbor to the northeast. The real estate prices there are somewhat more expensive. The cost of the median home in Shorewood is $485,300, which is $57,900 (11%) higher than Victoria. The rent there is a little more expensive. Shorewood's median rent is $1,639 a month, which comes out to $354 (21%) higher than Victoria.
Chanhassen
Chanhassen is Victoria's neighbor to the east. Real estate prices there are somewhat less expensive. Chanhassen's median home price is $381,300, which is $46,100 (12%) lower than Victoria. The rent there is somewhat more expensive. Chanhassen's median rent is $1,378 a month, which comes out to $93 (6%) higher than Victoria.
Mound
Mound is approximately 4 miles north of Victoria. Real estate prices there are substantially less expensive. The median home price in Mound is $261,300, which works out to $166,100 (63%) lower than Victoria. Rent there is somewhat less expensive. In Mound the median rent is $1,040 a month, which is $245 (23%) lower than Victoria.
Tonka Bay
Tonka Bay is roughly 4 miles northeast from Victoria. Real estate prices there are significantly more expensive. The median home in Tonka Bay costs $661,400, which comes out to $234,000 (35%) higher than Victoria. The rent there is a bit more expensive. In Tonka Bay the median rent is $1,667 per month, which comes out to $382 (22%) higher than Victoria.
