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Featured local agent — Grand Meadow, MN
Sarah Mitchell
Compass Real Estate · Grand Meadow, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Grand Meadow, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$272,500median sale price
How is the Grand Meadow, MN housing market right now?
The median home sale price in Grand Meadow, MN is $272,500, up 2.8% year-over-year. Homes sell in an average of 203 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Grand Meadow a buyer's or seller's market?
Grand Meadow, MN is currently a seller's market, based on 1.0 months of supply and homes selling in about 203 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
203
Average pace
Active listings
2
1.0 months supply
Sale-to-list
97.4%
Below asking
What does the Grand Meadow housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $272,500 |
| Median list price | $369,900 |
| Year-over-year price change | +2.8% |
| Average days on market | 203 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 97.4% |
| Median price per sq ft | $203/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Grand Meadow by property type?
How the Grand Meadow, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $146,250 | $109/sq ft | 2 | 22 days |
| Townhouse | $272,500 | $203/sq ft | 2 | 203 days |
Source: Redfin · Updated monthly
The Grand Meadow housing market is currently classified as a seller's market with a median sale price of $272,500. Prices have risen 2.8% compared to last year, with homes spending an average of 203 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Grand Meadow
There are currently 2 homes listed for sale in Grand Meadow, Minnesota. The median listing price is $370K.
Active listings
2
Homes on market
Median list price
$370K
Avg. days on market
203
Days until sale
New this week
2
Newly listed
Who lives in Grand Meadow?
Population
954
Median income
$68,750/yr
Median age
37.2 years
Owner-occupied
85.6%
College grads
28.5%
Avg commute
25.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Grand Meadow?
Zillow home value
$269,463
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Grand Meadow?
Grand Meadow is a community of approximately 1K residents with a median age of 37.2 years.The median household income is $68,750, which represents a working-class community with solid middle-income opportunities. 28.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Grand Meadow offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Grand Meadow?
5 schools tracked · 443 students
The largest public schools serving Grand Meadow, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GRAND MEADOW ELEMENTARY
Grades PK-4 · 176 students
GRAND MEADOW SENIOR HIGH
Grades 9-12 · 135 students
GRAND MEADOW MIDDLE
Grades 5-8 · 117 students
Enrich GM
Grades K-12 · 11 students
Next Step East (Grand Meadow)
Grades 8-12 · 4 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Grand Meadow, MN?
Want a head-to-head view? Compare Grand Meadow side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Grand Meadow?
The median home sale price in Grand Meadow is $272,500, up 2.8% from last year.
How long do homes stay on market in Grand Meadow?
Homes typically spend 203 days on market before going under contract.
What is the median income in Grand Meadow?
The median household income is $68,750 per year.
Is Grand Meadow a buyer's or seller's market?
With 1.0 months of supply, Grand Meadow is currently a seller's market.
What is the Zillow home value estimate for Grand Meadow?
The Zillow Home Value Index (ZHVI) for Grand Meadow is $269,463, representing the typical home value in the area.
How much does a single-family home cost in Grand Meadow?
The median single-family home price in Grand Meadow, MN is $146,250 (about $109 per square foot).
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