The median home value in Medicine Lake, MN is $750,000. This is higher than the county median home value of $289,200. The national median home value is $219,700. The average price of homes sold in Medicine Lake, MN is $750,000. Approximately 64.07% of Medicine Lake homes are owned, compared to 35.93% rented, while 0% are vacant. Medicine Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Medicine Lake real estate agent to arrange a tour today!
Medicine Lake, Minnesota has a population of 373. Medicine Lake is more family-centric than the surrounding county with 35.63% of the households containing married families with children. The county average for households married with children is 33.56%.
The median household income in Medicine Lake, Minnesota is $83,750. The median household income for the surrounding county is $71,154 compared to the national median of $57,652. The median age of people living in Medicine Lake is 46.4 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 6.5 degrees. The average rainfall is approximately 31.6 inches per year, with 52.7 inches of snow per year.