How much does it cost to buy a house in Medford, MN?

In May 2026 Medford homes were listed to buy for a median price of $262K, which is a 37% decrease to April 2025 last month, and a 36% decrease to May 2025 last year. The median value of a home listed to buy in Medford in May 2026 was $172 per sqft, which is a 13% decrease to April 2025 last month, and a 13% decrease to May 2025 last year.

Is it affordable or expensive to live in Medford, MN?

It is affordable to live in Medford. Buying a home in Medford is 1% less expensive compared with the national average.

Is it a good time to buy property in Medford, MN?

Yes now is a good time to buy property in Medford, in May 2026, homes in Medford have decreased in value (price per sqft) by 13% in the last year compared with May 2025.

Is the Medford, MN housing market slowing down?

The housing market in Medford is slowing down. In May 2026, homes to buy in Medford spent an median 21 days on the market, a 65% decrease from May 2025 last year.

How much money should I make to buy a house in Medford, MN?

In May 2026, Medford homes were listed to buy for a median price of $262K, with 25% down you would need $1.52K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $52.3K.

Is it a good time to sell my house in Medford, MN?

Yes now is a good time to sell your house in Medford, in May 2026, homes in Medford have decreased in value (price per sqft) by 13% in the last year compared with May 2025.