The story of this market
The typical home in Medina, Minnesota sells for about $1,125,000, or $251 per square foot.
Prices are up +27.64% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,429 a month.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Medina, Minnesota
Medina's housing market is characterized by high-value, low-inventory conditions, with median sold prices showing significant year-over-year growth. The market is driven by its appeal to affluent buyers, though the limited number of active listings and rental properties suggests a very tight, exclusive environment. Note that specific metrics like closed sales count and sale-to-list ratios were not available in the current data set.
No ARED county foreclosure postings attributed to Medina yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 3.3% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 10.3% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A premier golf destination in the area that serves as a significant recreational anchor and enhances local property appeal.
Provides essential outdoor recreational space and greenbelt access for local residents.
Medina is primarily suited for affluent family buyers and professionals seeking large-lot, high-value residential properties in a quiet, semi-rural setting with excellent access to the broader Twin Cities metro area.
Medina is served by high-performing school districts, with residents benefiting from access to top-tier public education options in the western Hennepin County area.
The city is primarily auto-dependent, with residents relying on regional highway corridors for commutes to the Minneapolis-St. Paul employment core.
The rental market in Medina is extremely limited, characterized by a very low inventory of rental properties and a high owner-occupancy rate of 92.2%.
Medina's economy is largely residential and service-oriented, with a highly affluent population and a strong base of professional residents who commute to major employment hubs in the Minneapolis-St. Paul metro area.
Medina maintains a stable, affluent suburban character with limited large-scale commercial development, focusing instead on preserving its semi-rural landscape and high-end residential appeal.
Parcels in Medina are subject to standard Hennepin County property tax levies, which include funding for municipal services, county operations, and local school districts.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.