Why Live in Virginia
Virginia, a historic mining community in Minnesota’s Mesabi Iron Range, is known for its iron ore production led by Cleveland-Cliffs. The neighborhood serves as the commerce center for the Quad Cities, including Eveleth, Mountain Iron, and Gilbert. Virginia’s downtown features local businesses along Chestnut Avenue, while the south side boasts a commercial corridor with national retailers like Target and Menards. The area has a rich hockey tradition, with several outdoor ice rinks and notable NHL players hailing from here. Homes range from century-old bungalows and American Foursquares to midcentury ranch-style and split-level houses, typically situated on small lots in a grid pattern. Rock Ridge High School, formed by merging Virginia High and Eveleth-Gilbert High, offers a highly rated hockey program and has already made a state championship appearance. Olcott Park, the primary green space, spans 40 acres and includes a playground, water fountain, and year-round greenhouse & botanical garden. Silver Lake features the "World's Largest Floating Loon," and the 162-mile Mesabi Trail runs through Virginia, offering scenic views from the Virginia High Bridge. Dining options are diverse, with multicultural restaurants and late-night spots like Tommy’s Rainy Lake Saloon. Annual events include the Land of the Loon Festival, Fourth of July celebrations at Olcott Park, and the Twilight Holiday Parade. Highways provide easy access to Duluth, 65 miles away, and Ontario, Canada, less than two hours by car.
Home Trends in Virginia, MN
On average, homes in Virginia, MN sell after 49 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 $144,500, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$144,500
Median Single Family Sale Price
$144,750
Median 2 Bedroom Sale Price
$157,000
Average Price Per Sq Ft
$123
Number of Homes for Sale
35
Last 12 months Home Sales
179
Median List Price
$145,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
14%