Medford, MN Foreclosures
Current Market Conditions in in Medford, MN As of February 2026?
In the past month, Medford's real estate market has experienced a slight uptick in sales activity, resulting in more competition among buyers. The current inventory remains tight, which has helped to maintain property values. Homes are selling faster than in previous months, indicating a growing demand and a healthy market environment.
How much do homes sell for in Medford, MN?
The average home price is currently $366,088.
In Medford, MN, how many homes are available?
There are currently 2 active home listings available in Medford.
What’s the average rental cost in Medford, MN?
The average rental price in Medford is $1,545.
What is the most expensive home in Medford?
The most expensive home sold in Medford had a price of $2,306,874.
What is currently the cheapest priced home in Medford, MN?
The cheapest home for sale in Medford is priced at $44,322.
Living in Medford, MN
Medford, MN is a quaint city that combines the charm of small-town living with the conveniences of larger urban centers. It offers a welcoming community with family-friendly amenities, local parks, and good schools. Residents enjoy a peaceful lifestyle with plenty of opportunities for outdoor activities.
Buyer vs Seller Market in Medford, MN
The real estate market in Medford, MN has shown signs of stability over the past few months. With a mix of single-family homes, townhouses, and rental properties, buyers can find diverse options to fit different budgets and preferences. Interest rates have moderately influenced buyer activity, but demand remains steady for homes in this area, particularly among families and first-time homebuyers.
Current trends indicate a slight increase in property values due to limited inventory and a consistent demand for housing. The proximity of Medford to nearby cities has also contributed to investment interest in the real estate market, making it an attractive option for homebuyers looking for affordability combined with potential growth.
Home Value Estimator For Medford, MN
There are currently 995 real estate properties
in Medford, MN,
with a median automated valuation model (AVM) price
of $305,149.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Medford, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Medford, MN,
is $366,088.00, with the most expensive house
in Medford, MN, topping out
at $2,306,874.00 and the cheapest home
in Medford, MN,
clocking in at $44,322.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Medford, MN!
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.
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