What is the median home value in Credit River, MN?

The median value of owner-occupied homes in Credit River, MN is $595,000 (±$45,488), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$595,000 (±$45,488)
Owner-occupied homes
1,893 (±158)
Most common range
$500,000 to $999,999

Home values in Credit River

Owner-occupied homes by value, 2020–2024
ValueCredit RiverScott CountyMinnesotaUnited States
Less than $50,0001.4% (±1.6 points)2.6%4.0%5.3%
$50,000 to $99,9993.2% (±3.1 points)1.2%3.7%6.1%
$100,000 to $149,9990.0% (±1.2 points)0.6%5.2%6.8%
$150,000 to $199,9991.1% (±1.6 points)1.7%8.1%9.0%
$200,000 to $299,9997.6% (±3.9 points)15.3%22.6%17.8%
$300,000 to $499,99924.9% (±5.9 points)46.2%36.9%26.9%
$500,000 to $999,99950.9% (±8.1 points)28.7%17.0%20.9%
$1,000,000 or more10.9% (±4.2 points)3.7%2.6%7.1%

The most common range is $500,000 to $999,999, 50.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Credit River against Scott County, its state and the nation

Estimate (90% margin of error)
Credit RiverScott CountyMinnesotaUnited States
Median home value$595,000 (±$45,488)$419,400 (±$8,137)$329,300 (±$903)$332,700
Owner-occupied homes1,893 (±158)46,071 (±696)1,666,687 (±7,556)84,210,142

In Credit River, the median home value is higher than in Scott County ($419,400).

It is also higher than in Minnesota ($329,300).

It is higher than the national figure ($332,700).

In Scott County, Credit River ranks 4 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 36 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median home value in places near Credit River

Nearest places with a published estimate, compared with Credit River
PlaceDistanceMedian home valueCompared with this place
Credit River—$595,000 (±$45,488)—
Spring Lake Township5.1 mi$629,600 (±$44,796)Not measurably different
Lakeville5.4 mi$452,500 (±$9,126)Lower
Prior Lake5.4 mi$450,700 (±$15,127)Lower
New Market Township5.7 mi$595,300 (±$57,299)Not measurably different
Savage6.1 mi$432,300 (±$10,167)Lower
Elko New Market7.3 mi$433,100 (±$15,816)Lower
Cedar Lake Township7.6 mi$543,100 (±$65,801)Not measurably different
Burnsville7.6 mi$355,200 (±$7,551)Lower

Nearby places with a measurably lower figure: Lakeville, MN ($452,500), Prior Lake, MN ($450,700), Savage, MN ($432,300).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Scott County, place by place

RankPlaceMedian home value
1Spring Lake Township$629,600 (±$44,796)
2St. Lawrence Township$611,900 (±$43,519)
3New Market Township$595,300 (±$57,299)
4Credit River$595,000 (±$45,488)
5Helena Township$569,400 (±$46,107)
6Louisville Township (Scott County)$563,600 (±$139,867)
7Belle Plaine Township$562,000 (±$56,796)
8Cedar Lake Township$543,100 (±$65,801)
9Sand Creek Township$521,500 (±$61,534)
10Prior Lake$450,700 (±$15,127)

Showing 10 of 17 places in Scott County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Credit River

What is the average home value in Credit River, MN?

The Census Bureau publishes the median: $595,000 (±$45,488) for owner-occupied homes in Credit River (2020–2024 American Community Survey).

Is this what homes in Credit River sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Credit River city, Minnesota (place:13708, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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