Housing & Real Estate — Medicine Lake, Minnesota
Overview
| Total Housing Units | 221 |
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| Occupied | 215 |
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| Vacant | 6 |
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| Owner-Occupied | 181 |
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| Renter-Occupied | 34 |
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| Median Home Value (Census) | $1,083,300 |
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| Estimated 2026 | ~$1,263,000 |
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| Median Rent | $1,025/mo |
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| Median Property Tax | $10,001/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | expensive |
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| Rent as % of Income | 6.7% |
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| Severely Rent-Burdened | 9.1% |
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Housing Age
| Built 2010 or later | 20 |
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| Built 2000-2009 | 27 |
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| Built 1990-1999 | 7 |
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| Built before 1960 | 90 |
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| Median Year Built | 1966 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
