Explore Similar Condos Within 25 Miles of Virginia, MN
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Why Live in Virginia
For more than 130 years, Virginia has been a major mining community in Minnesota’s Mesabi Iron Range. Its primary mining company, Cleveland-Cliffs, is a national leader in iron ore production. Virginia also serves as the commerce center for the Quad Cities, a region that includes Eveleth, Mountain Iron and Gilbert. Its vibrant downtown is home to local businesses, while the other side of the city has a commercial corridor full of national retailers. Along with mining, hockey is a longstanding tradition in the area. “Hockey is definitely a big thing around here,” says Riley Lind, a Realtor with eXp Realty who grew up in the area. “We have several outdoor ice rinks, and many people have gone on to play for the NHL.” The median home sale price in Virginia is around $140,000. “A lot of people move here for the affordability,” Lind says. Most houses were built between the late 1800s and mid-1900s. Older homes include smaller bungalows and cottages mixed with larger American Foursquares. Ranch-style and split-level homes were built more recently. Most of the residential streets are in a grid pattern with numbered names, with houses sitting right next to each other on lots smaller than
Home Trends in Virginia, MN
On average, homes in Virginia, MN sell after 51 days on the market compared to the national average of 50 days. The median sale price for homes in Virginia, MN over the last 12 months is $144,200, up 12% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$144,200
Median Single Family Sale Price
$143,000
Median 2 Bedroom Sale Price
$157,000
Average Price Per Sq Ft
$120
Number of Homes for Sale
33
Last 12 months Home Sales
177
Months of Supply
2.20
Median List Price
$143,600
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%