Victoria is a Carver County suburb of roughly 12,400 residents that has grown nearly 20% since the 2020 Census — and is projected to nearly double in population by 2050, making it one of the fastest-growing communities in the entire Twin Cities metro. Self-branded the "City of Lakes and Parks," Victoria packs 13 lakes and 25 parks into a still-small footprint, paired with a wave of active new-construction neighborhoods that have made it a top destination for buyers who want new homes without leaving the southwest metro's top school boundaries.
Why Live Here
Why Buyers Choose Victoria
Victoria sits within Eastern Carver County Schools (District 112), which carries a Niche A grade and ranks #16 of 362 districts statewide — and #1 in Carver County — the same top-tier district shared with Chanhassen and Chaska.
What sets Victoria apart is its growth trajectory: Axios projects the city's population to grow roughly 96% by 2050, the second-fastest rate of any Twin Cities suburb. That growth shows up directly in the housing market, with numerous active subdivisions from national builders currently underway.
A
Niche Grade, District 112
+19.6%
Population Growth Since 2020
13
Lakes Within City Limits
25
City Parks
Who Lives Here
Who Moves to Victoria
Families Wanting New Construction
With multiple active subdivisions from builders like Lennar, David Weekley Homes, and Charles Cudd Company, Victoria is one of the best options in the southwest metro for brand-new homes.
Families Chasing Top Schools
Eastern Carver County Schools' #16 statewide ranking gives Victoria the same academic pull as neighboring Chanhassen and Chaska.
Lake and Outdoor Enthusiasts
With 13 lakes and 25 parks, including Lake Auburn, Steiger Lake, and the 1,800-acre Carver Park Reserve, outdoor access is built into daily life.
Buyers Wanting Small-Town Feel
Despite its rapid growth, Victoria has held onto a small-town character rooted in its 1850s agricultural founding by German, Swiss, and Dutch settlers.
Life in Victoria
Victoria has kept a small-town, low-key feel even as it's grown, with wide lots, newer parks, and a downtown area that's steadily filling in with local shops and restaurants. Quick connections to Highway 5 keep the rest of the Southwest Metro close by.
Real Estate in Victoria
Victoria's housing market reflects its rapid growth and steady new-construction pipeline. Recent data puts the median sale price around $640,900 on a rolling 12-month basis, up about 5.9% year-over-year, with homes typically taking around 48 days to sell.
Figures are directional based on recent market data — I'll pull a live, current CMA for any specific home or timeframe.
$641K
Median Sale Price
+5.9%
Year-Over-Year
~48
Median Days on Market
12,447
Population (2025 est.)
Where to Look
Areas Within Victoria
Victoria Ridge
A newer development featuring townhomes alongside apartment living, part of the wave of higher-density new construction in the city.
West Creek Village
A mixed-format new-construction neighborhood from Lennar featuring twinhomes, townhomes, villas, and single-family homes.
Huntersbrook & Huntersbrook Creekside
Large single-family developments from Tradition Development, including executive-lot options for move-up buyers.
The Shores of Marsh Lake
A single-family lot development from Charles Cudd Company positioned around one of Victoria's namesake lakes.
Why Buyers Love It Here
- ✓Newer homes and larger lots than many neighboring suburbs
- ✓Close to Lake Minnewashta and area parks
- ✓Small-town feel with quick access to Highway 5
- ✓Part of the well-regarded Eastern Carver County school district
Outdoor Life
Parks & Trails
Lake Auburn
Features a DNR-maintained fishing pier, a Three Rivers Park District boat launch, and a sandy public swimming beach.
Steiger Lake
A fishing pier and public boat launch, part of an active wetlands restoration partnership with the Minnehaha Creek Watershed District.
Carver Park Reserve
An 1,800-acre Three Rivers Park District regional park offering some of the most extensive outdoor recreation in the southwest metro.
Citywide Trail Network
More than 53 miles of trails and sidewalks connect Victoria's neighborhoods to downtown and link into the regional Lake Minnetonka Regional Trail.
Commute & Access
Getting Around
Victoria is served primarily by Minnesota Highway 5 and Highway 7. Downtown Minneapolis is roughly 24 miles away, typically a 36 minute drive outside of rush hour.
Common Questions
FAQs About Victoria, MN
What is the median home price in Victoria?
Recent data puts the median sale price around $640,900 on a rolling 12-month basis, up about 5.9% year-over-year, with homes typically selling in around 48 days.
Are Victoria schools good?
Yes — Victoria is served by Eastern Carver County Schools (District 112), which holds a Niche A grade and ranks #16 of 362 districts statewide, and #1 in Carver County.
Is Victoria really one of the fastest-growing Twin Cities suburbs?
Yes — Victoria's population has grown roughly 19.6% since the 2020 Census, and Axios projects it will grow another 96% by 2050, the second-fastest rate of any Twin Cities suburb.
Is there new construction available in Victoria?
Yes — Victoria has numerous active new-construction neighborhoods from builders including Lennar, David Weekley Homes, M/I Homes, and Charles Cudd Company. Availability and pricing shift quickly, so I'd recommend checking current status before shortlisting a specific development.
What's there to do outdoors in Victoria?
Victoria is nicknamed the "City of Lakes and Parks," with 13 lakes and 25 parks within city limits, including Lake Auburn, Steiger Lake, and the 1,800-acre Carver Park Reserve.
