Foreclosure Homes in Medford, MN 55049

Current Market Conditions in Medford, MN

The real estate market in Medford, MN, shows stability and moderate growth. Home prices have increased slightly over the past year, with many properties appealing to first-time buyers and families seeking affordable living options. The demand for homes remains strong in this area due to its inviting community atmosphere and the lure of small-town life.

Recent trends in Medford indicate a steady increase in new listings, although inventory remains somewhat limited. Properties are selling at a quicker pace compared to previous years, especially as more people are drawn to the charm of rural living.

Rent Prices In Medford, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medford, MN, is on a rollercoaster ride. The average rent price in Medford, MN, is $1,545.00. Indeed, when looking to rent in Medford, MN, you can expect to pay as little as $880.00 or as much as $2,980.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Medford, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.