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Featured local agent — Medina, MN
Sarah Mitchell
Compass Real Estate · Medina, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Medina, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.32Mmedian sale price
How is the Medina, MN housing market right now?
The median home sale price in Medina, MN is $1.32M, up 46.9% year-over-year. Homes sell in an average of 36 days with 35 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 Medina a buyer's or seller's market?
Medina, MN is currently a seller's market, based on 2.5 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
36
Average pace
Active listings
35
2.5 months supply
Sale-to-list
97.5%
Below asking
What does the Medina housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.32M |
| Median list price | $1.15M |
| Year-over-year price change | +46.9% |
| Average days on market | 36 days |
| Active inventory | 35 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $254/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 20 |
| Listings with a price cut | 22.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Medina by property type?
How the Medina, 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 | $1.40M | $248/sq ft | 9 | 35 days |
| Condo / Co-op | $318,500 | $250/sq ft | 1 | 25 days |
| Townhouse | $1.27M | $345/sq ft | 4 | 185 days |
Source: Redfin · Updated monthly
The Medina housing market is currently classified as a seller's market with a median sale price of $1.32M. Prices have risen 46.9% compared to last year, with homes spending an average of 36 days on market, indicating 2.5 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 Medina
There are currently 35 homes listed for sale in Medina, Minnesota. The median listing price is $1.1M.
Active listings
35
Homes on market
Median list price
$1.1M
Avg. days on market
36
Days until sale
New this week
20
Newly listed
Who lives in Medina?
Population
6,858
Median income
$219,181/yr
Median age
40.7 years
Owner-occupied
93.5%
College grads
67.6%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Medina?
Zillow home value
$847,318
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Medina?
Medina is a community of approximately 7K residents with a median age of 40.7 years.The median household income is $219,181, which reflects a relatively affluent area with strong earning potential. 67.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 93.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Medina offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Medina, MN?
Want a head-to-head view? Compare Medina side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Medina?
The median home sale price in Medina is $1.32M, up 46.9% from last year.
How long do homes stay on market in Medina?
Homes typically spend 36 days on market before going under contract.
What is the median income in Medina?
The median household income is $219,181 per year.
Is Medina a buyer's or seller's market?
With 2.5 months of supply, Medina is currently a seller's market.
What is the Zillow home value estimate for Medina?
The Zillow Home Value Index (ZHVI) for Medina is $847,318, representing the typical home value in the area.
What is the median condo price in Medina?
The median condo/co-op sale price in Medina, MN is $318,500, compared to $1.40M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Medina?
The median single-family home price in Medina, MN is $1.40M (about $248 per square foot).
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