Cities with the fastest-growing home prices in Minnesota

Minnesota cities with the fastest-growing home prices include Lake Elmo (+$47,000), Victoria (+$45,000), Medina (+$44,000), Orono (+$43,000), and Woodbury (+$41,000). Other notable cities are Plymouth, Chanhassen, Eden Prairie, Maple Grove, and Edina, with increases ranging from $35,000 to $39,000. Rising prices are driven by low inventory, high demand, and migration to suburban and rural areas.