Orono among top 10 most expensive housing markets in the nation

You'll pay $1.384 million for the average four-bedroom, two-bathroom house in Orono.

November 13, 2015 at 6:22PM
(The Minnesota Star Tribune)
Here's what $1.399 million buyers you in Orono: A 2,415 square-foot house with 60 feet of shoreline along Gideon's Bay. Virginia Lord of Coldwell Banker Burnet has the listing.
Here's what $1.399 million buyers you in Orono: A 2,415 square-foot house with 60 feet of shoreline along Gideon's Bay. Virginia Lord of Coldwell Banker Burnet has the listing. (The Minnesota Star Tribune)

It's no secret that shores of Lake Minnetonka is among the most coveted real estate in the Twin Cities, but did you know it competes with some of the most expensive real estate in the nation?

That's according to an annual survey by Coldwell Banker, which says Orono was the 9th most expensive real estate market in the nation and the only city outside of California to make the top-10 list.

The company's annual Home Listing Report analyzes more than 81,000 similar-sized four-bedroom, two-bathroom homes in 2,700 markets across the country.

Here are the top 10....

Here's what $1.399 million buyers you in Orono: A 2,415 square-foot house with 60 feet of shoreline along Gideon's Bay. Virginia Lord of Coldwell Banker Burnet has the listing.
Here's what $1.399 million buyers you in Orono: A 2,415 square-foot house with 60 feet of shoreline along Gideon's Bay. Virginia Lord of Coldwell Banker Burnet has the listing. (The Minnesota Star Tribune)
about the writer

about the writer

Jim Buchta

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Jim Buchta has covered real estate for the Star Tribune for several years. He also has covered energy, small business, consumer affairs and travel.

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