Medicine Lake, MN
City market trends and history
Public Record
Median Sale Price
$982.2K
12-Month Sales
8
1-Year Appreciation
—
Properties Tracked
13
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
| Neighborhood | Sales 12mo | Median |
|---|
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|
Recent Sales
| Date | Address | Price |
|---|---|---|
| Nov 15, 2022 | 234 PENINSULA RD | $1.5M |
| Jun 23, 2022 | Peninsula Rd | $1.37M |
| Feb 25, 2022 | 173 PENINSULA RD | $1.7M |
| Feb 14, 2020 | 234 PENINSULA RD | $750K |
| Feb 21, 2019 | 173 PENINSULA RD | $1.11M |
| Jan 8, 2019 | Peninsula Rd | $875K |
| Jan 31, 2018 | 173 PENINSULA RD | $385K |
| Jun 8, 2017 | 173 PENINSULA RD | $175K |
| Mar 1, 1987 | Peninsula Rd | $230K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
+24.2%
Implied 1-yr
+96.8%
2023 Q1
$1.93M
2023 Q2
$2.17M
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| 173 PENINSULA RD | Feb 25, 2022 | $1,700,000 |
| 234 PENINSULA RD | Nov 15, 2022 | $1,500,000 |
| Peninsula Rd | Jun 23, 2022 | $1,367,500 |
| 234 PENINSULA RD | Feb 14, 2020 | $750,000 |
How Medicine Lake compares
| Metric | Medicine Lake | Minnesota avg | US avg |
|---|---|---|---|
| Median price | $982.2K | $423K | $535.4K |
| 1-year change | — | — | +33.6% |
| Sales (12mo) | 8 | 1,963 | — |
| Median sqft | 2,690 | — | — |
Other cities in Minnesota
Frequently asked about Medicine Lake
What is the median sale price in Medicine Lake, MN?
The median sale price in Medicine Lake over the last 12 months is $982.2K, based on 8 transactions.
How many sales happen each year in Medicine Lake?
Roughly 8 home sales were recorded in Medicine Lake over the trailing 12 months.
What types of properties are most common in Medicine Lake?
single_family is the most common property type tracked in Medicine Lake.
When were most homes in Medicine Lake built?
Most homes in Medicine Lake were built in the Pre-1950 era.