Medina, MN

Buyer's market+53.0% YoY

Housing market overview · Updated weekly

$1.11Mmedian sale price

Homes sold

6

Last 12 weeks

Days on market

103

Average pace

Active listings

32

5.3 months supply

Sale-to-list

99.2%

Below asking

The Medina housing market is currently classified as a buyer's market with a median sale price of $1.11M. Prices have risen 53.0% compared to last year, with homes spending an average of 103 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Medina

There are currently 32 homes listed for sale in Medina, Minnesota. The median listing price is $799K.

Active listings

32

Homes on market

Median list price

$799K

Avg. days on market

103

Days until sale

New this week

13

Newly listed

Price drops:15.6%of listings
Sale-to-list:99.2%

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Frequently asked questions

What is the average home price in Medina?

The median home sale price in Medina is $1.11M, up 53.0% from last year.

How long do homes stay on market in Medina?

Homes typically spend 103 days on market before going under contract.

Is Medina a buyer's or seller's market?

With 5.3 months of supply, Medina is currently a buyer's market.

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