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Featured local agent — Medford, MN
Sarah Mitchell
Compass Real Estate · Medford, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Medford, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$295,600median sale price
How is the Medford, MN housing market right now?
The median home sale price in Medford, MN is $295,600, up 11.6% year-over-year. Homes sell in an average of 15 days with 4 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 Medford a buyer's or seller's market?
Medford, MN is currently a seller's market, based on 2.0 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
15
Fast-moving
Active listings
4
2.0 months supply
Sale-to-list
101.5%
Above asking
What does the Medford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $295,600 |
| Median list price | $352,400 |
| Year-over-year price change | +11.6% |
| Average days on market | 15 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 101.5% |
| 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 Medford by property type?
How the Medford, 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 | $295,600 | $203/sq ft | 2 | 15 days |
| Townhouse | $251,500 | $195/sq ft | 1 | 48 days |
Source: Redfin · Updated monthly
The Medford housing market is currently classified as a seller's market with a median sale price of $295,600. Prices have risen 11.6% compared to last year, with homes spending an average of 15 days on market, indicating 2.0 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 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Medford
There are currently 4 homes listed for sale in Medford, Minnesota. The median listing price is $352K.
Active listings
4
Homes on market
Median list price
$352K
Avg. days on market
15
Days until sale
New this week
2
Newly listed
Who lives in Medford?
Population
1,194
Median income
$98,375/yr
Median age
38.2 years
Owner-occupied
74.9%
College grads
21.1%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Medford?
Zillow home value
$316,175
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Medford?
Medford is a community of approximately 1K residents with a median age of 38.2 years.The median household income is $98,375, which reflects a relatively affluent area with strong earning potential. 21.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Medford offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Medford?
2 schools tracked · 890 students
The largest public schools serving Medford, 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.
MEDFORD ELEMENTARY
Grades PK-6 · 491 students
MEDFORD SECONDARY
Grades 7-12 · 399 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 Medford, MN?
Want a head-to-head view? Compare Medford side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Medford?
The median home sale price in Medford is $295,600, up 11.6% from last year.
How long do homes stay on market in Medford?
Homes typically spend 15 days on market before going under contract.
What is the median income in Medford?
The median household income is $98,375 per year.
Is Medford a buyer's or seller's market?
With 2.0 months of supply, Medford is currently a seller's market.
What is the Zillow home value estimate for Medford?
The Zillow Home Value Index (ZHVI) for Medford is $316,175, representing the typical home value in the area.
How much does a single-family home cost in Medford?
The median single-family home price in Medford, MN is $295,600 (about $203 per square foot).
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