Market Summary

Lake Cornelia, Hennepin County, MN

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Median Home Price Price

$713,814 $713.8K

Median Monthly Rent Rent

$2,314 $2.3K

GRM

26.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hennepin County

Region Price Rent GRM Display
$717,013 $2,044 29.0x
$552,440 $2,193 21.0x
$801,466 $2,149 31.0x
$594,594 $2,351 21.0x
$590,739 $2,437 20.0x
$698,621 $2,149 27.0x
$538,896 $2,074 22.0x
$609,867 $2,310 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Hennepin County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$1,176,523 $2,285 43.0x
$397,581 $1,206 27.0x
$664,721 $2,293 24.0x
$444,155 $1,285 29.0x
$424,730 $1,444 25.0x
$389,395 $1,616 20.0x
$515,831 $1,527 28.0x
$500,882 $1,747 24.0x
$450,744 $1,411 27.0x
$1,126,570 $2,167 43.0x
$349,608 $1,287 23.0x
$376,187 $2,170 15.0x
$651,783 $2,391 23.0x
$665,742 $1,597 35.0x
$419,892 $2,123 16.0x
$534,194 $1,856 24.0x
$700,026 $2,226 26.0x
$469,843 $3,025 13.0x
$750,230 $2,221 28.0x
$279,188 $1,547 15.0x
$1,507,351 $2,501 50.0x
$692,458 $2,403 24.0x

Home prices

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Monthly rent

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GRM

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Lake Cornelia

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Trend Insights

Median Rent in Lake Cornelia, MN is $2,314, with MoM change +$23 and YoY change +$158 pointing to positive momentum while volatility is low (std $38).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lake Cornelia, MN.

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Metric
Base market Lake Cornelia, MN
Compare market Select a market
Delta vs base
Median rent
$2,314
N/A
Median price
$713,814
N/A
YoY change
+$158
N/A
Price-to-rent
25.7x
Data unavailable
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