Cities with the most expensive homes in Minnesota

Written by:
May 19, 2026
scarp577 // Shutterstock

Cities with the most expensive homes in Minnesota

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $366,712 in April, 0.7% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of May 14, the sits at 6.36%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in Minnesota using data from . Cities are ranked by the Zillow Home Values Index for all homes as of April 2026. The charts in this story were created automatically using .

Metros with the most cities in the top 30 in Minnesota
#1. Minneapolis-St. Paul-Bloomington, MN-WI: 27
#2. Brainerd, MN: 3

You may also like: Most commonly hunted migratory birds in Minnesota
1 / 30
爆料TV

#30. Mendota Heights

- Typical home value: $570,030
- 1-year price change: +4.7%
- 5-year price change: +19.9%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

2 / 30
爆料TV

#29. Nisswa

- Typical home value: $581,477
- 1-year price change: +5.8%
- 5-year price change: +40.3%
- Metro area: Brainerd, MN

3 / 30
爆料TV

#28. Spring Park

- Typical home value: $588,598
- 1-year price change: +8.4%
- 5-year price change: +29.7%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

4 / 30
爆料TV

#27. Greenfield

- Typical home value: $596,952
- 1-year price change: +5.0%
- 5-year price change: +30.7%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

5 / 30
爆料TV

#26. Corcoran

- Typical home value: $604,712
- 1-year price change: +1.0%
- 5-year price change: +20.6%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

You may also like: Highest-rated Class of 2026 women's basketball recruits from Minnesota
6 / 30
爆料TV

#25. Pine Springs

- Typical home value: $614,222
- 1-year price change: +3.8%
- 5-year price change: +22.6%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

7 / 30
爆料TV

#24. Victoria

- Typical home value: $619,497
- 1-year price change: +1.4%
- 5-year price change: +19.9%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

8 / 30
爆料TV

#23. Gem Lake

- Typical home value: $621,116
- 1-year price change: +3.0%
- 5-year price change: +23.6%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

9 / 30
爆料TV

#22. Marine on Saint Croix

- Typical home value: $621,724
- 1-year price change: +6.2%
- 5-year price change: +29.8%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

10 / 30
爆料TV

#21. Edina

- Typical home value: $627,188
- 1-year price change: +3.8%
- 5-year price change: +22.8%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

You may also like: Highest-rated free things to do in Minnesota by visitors
11 / 30
爆料TV

#20. Lake Elmo

- Typical home value: $631,584
- 1-year price change: +1.5%
- 5-year price change: +19.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

12 / 30
爆料TV

#19. Minnetrista

- Typical home value: $686,148
- 1-year price change: +2.6%
- 5-year price change: +23.4%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

13 / 30
爆料TV

#18. East Gull Lake

- Typical home value: $687,305
- 1-year price change: +5.8%
- 5-year price change: +46.1%
- Metro area: Brainerd, MN

14 / 30
爆料TV

#17. Afton

- Typical home value: $723,599
- 1-year price change: +3.2%
- 5-year price change: +23.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

15 / 30
爆料TV

#16. Grant

- Typical home value: $724,081
- 1-year price change: +3.5%
- 5-year price change: +23.4%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

You may also like: Coldest Decembers in Minnesota since 1895
16 / 30
爆料TV

#15. Lake Shore

- Typical home value: $742,083
- 1-year price change: +6.4%
- 5-year price change: +47.5%
- Metro area: Brainerd, MN

17 / 30
爆料TV

#14. Independence

- Typical home value: $804,650
- 1-year price change: +4.1%
- 5-year price change: +31.6%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

18 / 30
爆料TV

#13. Excelsior

- Typical home value: $811,065
- 1-year price change: +0.1%
- 5-year price change: +19.6%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

19 / 30
爆料TV

#12. Shorewood

- Typical home value: $819,902
- 1-year price change: +4.4%
- 5-year price change: +27.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

20 / 30
爆料TV

#11. Medina

- Typical home value: $836,864
- 1-year price change: +1.4%
- 5-year price change: +25.0%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

You may also like: Best private colleges in Minnesota
21 / 30
爆料TV

#10. Dellwood

- Typical home value: $924,223
- 1-year price change: +2.9%
- 5-year price change: +29.7%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

22 / 30
爆料TV

#9. Wayzata

- Typical home value: $931,206
- 1-year price change: +5.3%
- 5-year price change: +28.3%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

23 / 30
爆料TV

#8. North Oaks

- Typical home value: $951,073
- 1-year price change: +2.3%
- 5-year price change: +29.8%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

24 / 30
爆料TV

#7. Deephaven

- Typical home value: $1,070,374
- 1-year price change: +4.0%
- 5-year price change: +37.2%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

25 / 30
爆料TV

#6. Tonka Bay

- Typical home value: $1,111,962
- 1-year price change: +7.7%
- 5-year price change: +37.9%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

You may also like: Coldest Januarys in Minnesota since 1895
26 / 30
爆料TV

#5. Orono

- Typical home value: $1,130,546
- 1-year price change: +6.8%
- 5-year price change: +42.8%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

27 / 30
爆料TV

#4. Sunfish Lake

- Typical home value: $1,189,631
- 1-year price change: +5.2%
- 5-year price change: +17.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

28 / 30
爆料TV

#3. Greenwood

- Typical home value: $1,673,875
- 1-year price change: +9.7%
- 5-year price change: +40.5%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

29 / 30
爆料TV

#2. Woodland

- Typical home value: $1,698,965
- 1-year price change: +5.9%
- 5-year price change: +36.6%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

30 / 30
爆料TV

#1. Minnetonka Beach

- Typical home value: $2,322,035
- 1-year price change: +16.2%
- 5-year price change: +52.9%
- Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

You may also like: Best counties to raise a family in Minnesota

Trending Now