136 homes sold in Medina in the last year, at a typical $1M
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Medina homes are listed.
Every place Medina homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Medina.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
7% of Medina’s sales are condos, at $825K less than a house
93 houses and 10 condos sold in the year to May 2026. Condos sell faster.
typical sale · 93 sold in 12 months
- Per square foot
- $251MN $191
- Days to sell
- 62
- Sold over asking
- 15%
- Listings with a price cut
- 20%
typical sale · 10 sold in 12 months
- Per square foot
- $245MN $205
- Days to sell
- 50
- Sold over asking
- 20%
- Listings with a price cut
- 45%
Townhouses: 33 sold, typical $980K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.9 times the 2016 price
136 sales in the last year, against 171 in 2020 and a low of 92 in 2012. The typical sale went from $560K in 2016 to $1M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1.1M buys in Medina
Check a listing against what Medina homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Medina are back to pre-pandemic levels, but 40% fewer homes come up for sale
We read every month of Medina’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 136 sales.
If you’re buying in Medina
- Shop in April. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
- Some room to negotiate. 18% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 97.8% of the list price on average; 18% paid over.
- You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 57 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 21 a month), but July is the most competitive: 30% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (26%). November has the least competition (13%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Minnesota
| Medina now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 19% | 37% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 38% | 25% | 46% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 18% | 17% | 18% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 97.8% | 97.7% | 99.7% | 99.2% |
| Days to sellMedian days from listing to contract | 57 | 99 | 40 | 35 |
38 homes for sale on a typical day
That’s twice the 2021 low (19), 40% fewer than in 2017–19 and well under 2016’s 80.
1 in 5 listings has cut its price
18% in the last year, against 17% in 2017–19 and 28% across Minnesota.
Since 2019, houses are up 78%, condos 33%
A house typically sold for $1.1M in the last year (93 sales), a condo for $299K (10).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Medina ranks 138th of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Medina is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Medina home costs about $6,316 a month
Price: Medina’s typical sale, last 12 months. Property tax at Medina’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Medina is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1M home, about $10,800 a year.
Taxes vs. neighborsSchools
The schools grade for Medina, from test results, graduation and how much students grow.
Schools in MedinaCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Long Lake, Corcoran, Maple Plain and Plymouth sell for less a square foot; Wayzata and Orono for far more
The busier markets within 25 miles of Medina, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Plymouth | 1,030 | $499K | $207 | 34% | 30 |
| Corcoran | 244 | $595K | $235 | 18% | 62 |
| Medina | 136 | $1M | $258 | 18% | 57 |
| Orono | 135 | $1.2M | $351 | 16% | 60 |
| Wayzata | 71 | $1.2M | $426 | 14% | 67 |
| Long Lake | 36 | $505K | $212 | 28% | 49 |
| Maple Plain | 21 | $457K | $198 | 24% | 39 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Medina, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Medina. People who follow the town see it, and so do people comparing Medina with their own town. No commission, no listing fee.
Questions about buying a home in Medina
What do homes sell for in Medina, MN?
136 homes sold in the year to May 2026 at a typical $1M, $258 a square foot. Houses sold for about $1.1M, condos for about $299K.
Is Medina a buyer’s or seller’s market?
A seller’s market: 35 homes were for sale in May 2026 and 14 sold, about 2.5 months of supply. Buyers paid 97.8% of asking on average, and 18% of listings cut their price.
When is the best time to buy in Medina?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Medina?
About 1% of a home’s value a year. On a $1M home that’s near $10,800.
Where can I see homes for sale in Medina?
Zillow, Redfin, Realtor.com and Homes.com all carry Medina’s MLS listings; the search links above open each one filtered to Medina.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).