Medicine Lake Housing Information - Census

IndexMedicine LakeMinnesotaNational
Median home price$609,400$185,200$175,700
Median rent asked$892$835$920
Avg. people per household1.92.42.6
Owner occupied households68.8%72.1%64.4%
Renter occupied households31.2%27.9%35.6%

Medicine Lake Housing Information - Zillow

IndexMedicine LakeMinnesotaNational
Zillow home value indexn/a$194,800$188,100
Year over year appreciation raten/a7.39%5.14%
5 year average appreciation raten/a4.96%4.12%
10 year average appreciation raten/a-0.72%-0.33%

Did you know?

  • The median home price in Medicine Lake is 247% higher than the national average.
  • The median rent asked in Medicine Lake is 3% lower than the national average.
  • The average number of people per household in Medicine Lake is 26% lower than the national average.
  • The number of owner occupied households in Medicine Lake is 7% higher than the national average.
  • The number of renter occupied households in Medicine Lake is 12% lower than the national average.

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Compare Medicine Lake, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Hilltop, MN828$9,99994%
Brooklyn Center, MN30,549$134,60023%
Lexington, MN2,019$154,20012%
Columbia Heights, MN19,605$155,20012%
Spring Lake Park, MN6,503$158,70010%
Medicine Lake, MN325$609,400247%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Ransom, IL325$88,80049%
Kwigillingok, AK325$143,80018%
Keene, CA325$198,40013%
Creekside, KY325$213,60022%
Kenney, IL325$67,80061%
Medicine Lake, MN325$609,400247%
Source: The Medicine Lake, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.