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Compare cities · September 2026

Medicine Lake vs. Victoria

Homes in Medicine Lake sold for a median $1,480,000 over the 12 months through September 2026, 139% more than in Victoria ($618,300). Homes sold faster in Victoria: 49 days on market on average, against 100 in Medicine Lake. Victoria's homes are newer, with a median year built of 2006 against 1966. Medicine Lake is closer to downtown Minneapolis: about 16 minutes by car, against 36. The two are about 15 miles apart.

Hennepin County

Medicine Lake

$1,480,000median sale price

Carver County

Victoria

$618,300median sale price

Housing market, 12 months through September 2026

MeasureMedicine LakeVictoria
Median sale price$1,480,000$618,300
Change from a year earlier+41.6%−2.1%
Homes sold4255
Days on market10049
Share of original list price95.4%98.9%
Price per square foot$441$237
New listings6391
Homes for sale (September 2026)154
Months of supply (September 2026)0.82.6

Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

The homes

MeasureMedicine LakeVictoria
Median home value (owner estimate)$1,083,300$581,200
Median year built19662006
Single-family homesShare of all housing units, detached houses93%96%
Owner-occupied homes81%94%
Median rent$1,150$2,235

Source: US Census Bureau, American Community Survey 2020–2024.

The place

MeasureMedicine LakeVictoria
Population (2024)1,34311,937
Land area0.2 sq mi9.1 sq mi
Drive to Downtown Minneapolis16 min36 min
Drive to Downtown Saint Paul30 min46 min
Drive to MSP Airport30 min34 min
Drive to Mall of America27 min30 min
Drive to University of Minnesota21 min40 min
Average commute to work17.3 min34.9 min
Lakes of 10+ acresMinnesota DNR lake outlines touching the city111

Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).

Medicine Lake

School districts: Wayzata Public School District

Largest lakes: Medicine Lake (924 acres)

Victoria

School districts: Eastern Carver County Public Schools, Waconia Public School District, Minnetonka Public School District

Largest lakes: Lake Minnetonka (14,206 acres), Lake Auburn (291 acres), Zumbra-Sunny Lake (271 acres), Wassermann Lake (170 acres), Steiger Lake (166 acres)

How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.

Quick answers

Medicine Lake or Victoria?

Is Medicine Lake or Victoria more expensive?

Medicine Lake. The median sale price was $1,480,000 there and $618,300 in Victoria over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.

Where do homes sell faster, Medicine Lake or Victoria?

Victoria: 49 days on market on average against 100, over the 12 months through September 2026.

Which is closer to downtown Minneapolis?

Medicine Lake, about 16 minutes by car in light traffic (36 from Victoria). To downtown Saint Paul: 30 minutes from Medicine Lake, 46 from Victoria.

How far apart are Medicine Lake and Victoria?

About 15 miles in a straight line between their centers.

Which has more lakes, Medicine Lake or Victoria?

Victoria has more: 1 lakes of 10+ acres touch Medicine Lake (largest: Medicine Lake) and 11 touch Victoria (largest: Lake Minnetonka), by Minnesota DNR lake outlines.

Which school districts serve Medicine Lake and Victoria?

Medicine Lake: Wayzata Public School District. Victoria: Eastern Carver County Public Schools, Waconia Public School District and Minnetonka Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.

Should I buy in Medicine Lake or Victoria?

It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.

Deciding between them?

See homes in Medicine Lake and Victoria.

A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.

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