Medina, MN Housing

Medina, MN is an affluent suburb of the Twin Cities with a median value of $731,300 for houses. This is significantly higher than the US median house value of $338,100, while the yearly appreciation rate of 6.82% remains lower than the national average of 8.27%. However, given its location near Minneapolis and higher quality amenities, Medina remains an attractive option for potential homeowners.

The median home cost in Medina is $731,300. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Medina is up 11.0%.

Average Age of Homes

- The median age of Medina real estate is 23 years old

The Rental Market in Medina

- Renters make up 6.1% of the Medina population
- 0.0% of houses and apartments in Medina, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Medina, Minnesota	United States
	2,320.0	139,647,020.0
	23	42
	$731,300	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.14	$10.98
	$6,814	$2,690
	93.7%	57.4%
	2.4%	11.2%
	3.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	2.4%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.6%	11.3%
	1.1%	13.0%
	5.7%	20.1%
	16.4%	13.6%
	13.9%	8.3%
	23.0%	9.7%
	24.8%	3.9%
	6.3%	2.2%
	1.0%	0.8%
	5.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.2%	13.6%
	19.2%	13.6%
	20.3%	13.6%
	10.1%	13.2%
	8.3%	14.8%
	20.3%	13.6%
	0.9%	10.0%
	0.5%	4.7%
	1.4%	12.2%