Victoria, MN55386

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$598,000
0.0% YoY Growth
Median Household Income
$191,000
29.9% 5-Year Growth
Days on Market
35
16.0% Shorter than last year
Home Price Forecast
-0.3%
Median Rent
$2,400
2.3% YoY Growth
1-Bed Rent
$1,520
0.0% YoY Growth
2-Bed Rent
$1,800
N/A
3-Bed Rent
$2,440
6.3% YoY Growth

Property Listings — Victoria, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Victoria, MN is 35. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$636,000-1.0%
Listing Count
51-12.0%
Listings as % of Homes1.4%-12.0%
Days on Market
35-16.0%
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Demographics — Victoria, MN

As of the latest ACS Survey released in 2023, Victoria, MN has a population of 10,100, which has increased by 31.8% over the past 5 years. Victoria, MN is a popular place for families, as children make up 27.3% of the population. The area has a highly educated workforce, with 66.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,10031.8%
% Under 18
27.3%-15.2%
% Seniors
13.9%39.0%
% WFH
30.2%277.5%
% w/ College Degree
66.2%7.5%
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As of the latest ACS Survey released in 2023, Victoria, MN is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Victoria, MN is black, making up 3.5% of the population. Foreign-born residents account for 4.0% of the population in Victoria, MN, and this percentage has increased by 110.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
87.4%-7.0%
% Black
3.5%3,400.0%
% Hispanic
2.7%42.1%
% Asian
3.1%342.9%
% Foreign Born
4.0%110.5%
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Mortgage and Risk — Victoria, MN

According to HUD data as of 2023, there were 446 mortgage originations in Victoria, MN, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Victoria, MN. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
446
% Conventional Loans
95.0%
% Government Loans
5.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Victoria, MN

As of 2024, the percent of homes in Victoria, MN under the Section 8 program is 1.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Victoria, MN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
1.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$550$1,520$2,070
2 Bedroom$730$1,800$2,530
3 Bedroom$930$2,440$3,370
4 Bedroom$1,070$2,700$3,770

Affordability — Victoria, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$598,000
Median Household Income$191,000

Victoria, MN — ZIP Code Boundary Map

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Frequently Asked Questions