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Minnesota: Median Home Value Trend

How Minnesota's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$199,700
2023
$305,500
Total change
+$105,800
% change
+53%
Year Median Home Value Change
2017 $199,700
2019 $223,900 +$24,200 (12.1%)
2020
2021 $250,200
2022 $286,800 +$36,600 (14.6%)
2023 $305,500 +$18,700 (6.5%)

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