Zip 55049 (Medford, MN) Housing

Housing in Medford, MN (55049) has a median value of $263,900, which is significantly lower than the US median house value of $338,100. Over the last year there has been an appreciation in house prices of 6.66% in Medford compared to 8.27% nationally. This suggests that even though there has been an overall increase in house prices across the US, Medford has seen a weaker rise compared to other areas.

The median home cost in Medford (zip 55049) is $263,900. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Medford (zip 55049) is up 12.2%.

Average Age of Homes

- The median age of Medford (zip 55049) real estate is 39 years old

The Rental Market in Medford (zip 55049)

- Renters make up 7.8% of the Medford (zip 55049) population
- 1.6% of houses and apartments in Medford (zip 55049), 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	Medford, Minnesota	United States
	973.0	139,647,020.0
	35	42
	$263,900	$338,100
	12.2%	16.6%
	47.9%	57.0%
	94.0%	101.1%
	$12.11	$10.98
	$2,368	$2,690
	81.7%	57.4%
	5.7%	11.2%
	12.6%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.7%	0.4%
	0.4%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	9.7%	2.4%
	6.5%	2.8%
	0.4%	3.9%
	1.5%	4.5%
	15.2%	11.3%
	12.2%	13.0%
	25.4%	20.1%
	12.0%	13.6%
	4.9%	8.3%
	3.6%	9.7%
	0.5%	3.9%
	2.3%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.6%	13.6%
	17.6%	13.6%
	25.3%	13.6%
	5.9%	13.2%
	9.9%	14.8%
	25.3%	13.6%
	7.4%	10.0%
	3.9%	4.7%
	15.2%	12.2%

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