Real Estate Price Maphome prices by county

Medicine Lake, MN home prices

Data as of · by the Real Estate Price Map data team · methodology & sources

Medicine Lake, MN is flat, a premium-priced area.

Momentum+0.5%Flat
Vs typical+284%Premium

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2023: $1,046,550 → today: $1,141,953 (1.1×)

Typical home value
$1,141,953
Zillow ZHVI
Since 2023
+9.1%
Rank in MN
#5
of 695 cities

Market read

At $1,141,953, homes in Medicine Lake are 284% above the typical MN city ($297,470), ranking #5 of 695 we track in the state.

Prices are up 0.5% over the last year.

Medicine Lake sits in Hennepin County — see the full county market data →

Home value history

Zillow Home Value Index, yearly.

Other cities in Minnesota

Minnetonka Beach · Greenwood · Woodland · Sunfish Lake · Orono · Tonka Bay

Frequently asked questions

What is the average home price in Medicine Lake, MN?
The typical Medicine Lake, MN home is worth $1,141,953 — 284% above the typical Minnesota city ($297,470).
Are home prices in Medicine Lake rising?
Medicine Lake home values have risen +9.1% since 2023, and moved +0.5% in the last year.
What county is Medicine Lake in?
Medicine Lake is in Hennepin County, where you can see full county market data.
Medicine Lake, MN home value by year
YearMedicine Lake, MN home value
2023$1,046,550
2024$1,079,414
2025$1,136,524
2026$1,141,953