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Victoria, MN Housing Market Trends
In June 2025, Victoria’s housing market experienced significant price growth, with home prices rising 11.6% year-over-year to a median of $677K, reflecting strong demand and increasing property values. However, homes took longer to sell, averaging 28 days on the market compared to 19 days last year, suggesting buyers may be more deliberate in their decisions at higher price points. Sales activity increased, with 33 homes sold compared to 27 last year, indicating steady interest despite the slower pace. Overall, Victoria remains an attractive market, combining rising home values with consistent buyer activity.
Victoria is a somewhat competitive housing market, with homes selling in an average of 20.5 days, indicating steady buyer activity but less urgency compared to highly competitive markets. Some properties receive multiple offers, particularly those in desirable locations or with premium features, while others take longer to attract buyers. On average, homes sell for about 1% below list price and typically go pending in around 21 days, suggesting buyers have slightly more negotiating room. However, hot homes can still generate strong interest, often going pending in as little as 5 days and selling for around list price, showing that well-priced, move-in-ready properties remain in high demand.
Victoria, MN is a seller’s market in June 2025, meaning buyer demand exceeds the available housing supply, giving sellers a clear advantage. Homes are selling relatively quickly, with some receiving multiple offers, especially those in prime locations or with desirable features. While the average home sells slightly below list price, limited inventory keeps competition strong, and hot homes can go pending within days at or near asking price. Sellers benefit from favorable conditions and strong negotiating power, while buyers need to act quickly and make competitive offers to secure a property in this market.
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