Housing :
Median housing values, 2007

Median home value is derived from the median sales price of existing homes in each county. The highest home values concentrate around the Twin Cities and suburbs, but high values also spread south toward Rochester and Mankato and north into the lakes area, which are all areas of growing economic activity. This data for 2007 reflects the peak of the boom in real estate prices, as does the map showing change in home value. New data for 2008, when it is available, will reveal the extent of collapse of the housing market in Minnesota. The median home value for Minnesota was $169,900 in 2003 but increased to $200,000 by 2007.

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