Housing in Medicine Lake, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,650,000
Median List Price
N/A
Price Per Sq Ft
$354
Days on Market
140
Active Inventory
N/A
Zillow Home Value
$1,082,433
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$354
Medicine Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Medicine Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$1,014,500
Median Rent
$1,025
Total Housing Units
221
Vacancy Rate
2.7%
Owner Occupied
84.2%
Renter Occupied
15.8%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,964
Housing Types
The current median sale price in Medicine Lake, MN is $1,650,000 according to Redfin data. Homes spend a median of 140 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $354. The median rent is $1,025 per month (Census ACS). About 84.2% of housing units are owner-occupied. The median year homes were built is 1966. There are 221 total housing units.