Medina, MN Foreclosures
How much do homes sell for in Medina, MN?
The average home price is currently $851,723.
What’s the average rental cost in Medina, MN?
The average rental price in Medina is $2,802.
What is the most expensive home in Medina?
The most expensive home sold in Medina had a price of $6,087,187.
What is currently the cheapest priced home in Medina, MN?
The cheapest home for sale in Medina is priced at $125,895.
Living in Medina, MN
Medina, MN is a charming suburban community bordered by beautiful landscapes and abundant outdoor activities. Known for its excellent schools and strong community spirit, it's an ideal location for families and professionals. The town offers easy access to major highways for commuting to nearby urban centers.
Current Market Conditions in Medina, MN
The real estate market in Medina is currently characterized by a balanced environment, with steady demand as families seek properties in this picturesque area. Recent trends indicate a rise in new construction, catering to the growing interest of buyers looking for modern amenities in a serene setting.
Properties in Medina typically sell quickly, as buyers recognize the value of neighborhoods that offer quality schools, parks, and recreational activities. The diverse range of housing options, from spacious single-family homes to luxury estates, helps maintain a vibrant market.
Home Value Estimator For Medina, MN
There are currently 156 real estate properties
in Medina, MN,
with a median automated valuation model (AVM) price
of $769,035.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Medina, 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 Medina, MN,
is $851,723.00, with the most expensive house
in Medina, MN, topping out
at $6,087,187.00 and the cheapest home
in Medina, MN,
clocking in at $125,895.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Medina, MN!
Rent Prices
In Medina, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Medina, MN, is on
a rollercoaster ride. The
average rent price in Medina, MN,
is $2,802.00. Indeed, when looking to rent in
Medina, MN, you can expect to pay as little
as $1,210.00 or as much
as $5,780.00,
with the average rent median estimated to
be $2,820.00. The good news is that finding
an affordable and desirable property to rent in Medina, 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.
Learn more on Foreclosure homes
