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Medina, MN

Full City Profile · Minnesota · Hennepin County County

4.0 /5.0
A Great
6,858 Population 268/sq mi density
$219,181 Median Income $113,838 per capita
$660,800 Home Value $819,254 Zillow
$1,421 Median Rent 20.9% income on rent
45°F Avg Temperature 258 sunny days/yr
15 Violent Crime/100K 1,328 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$219,181 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$660,800 home value, $1,421/mo rent
F
Safety
1.1 / 5.0
15 violent crimes/100K
A+
Education
5.0 / 5.0
67.6% bachelor's degree or higher

Housing Overview

Median Home Value
$660,800
134% above
US avg: $281,900
Median Rent
$1,421/mo
22% above
US avg: $1,163/mo
Homeownership Rate
93.5%
43% above US avg (65.4%)
Total Housing Units
2,364
Median year built: 2000

Home Value by Source

Census Median
$660,800
Zillow (ZHVI)
$819,254
Median Sale Price
$1,113,091
Median List Price
$799,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

93.5%
Owner-Occupied
6.5%
Renter-Occupied
94%
7%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $1,421/mo

Market Indicators (Redfin)

Median Days on Market
103 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
15.6%
of listings with price reduction
Price Per Sq Ft
$271
Active Inventory
32
homes for sale

Affordability & Housing Stock

Rent Burden
20.9%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
93.5%

Complete Housing Data

Home Values

Census Median Value$660,800
Zillow Home Value (ZHVI)$819,254
Median Sale Price$1,113,091
Median List Price$799,000
Price Per Sq Ft$271

Rent

Census Median Rent$1,421
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market103
Sale-to-List Ratio1.0%
Price Drops15.6%
Homes Sold6
Active Inventory32
Price Per Sq Ft$271

Ownership & Stock

Owner-Occupied93.5%
Renter-Occupied6.5%
Homeownership Rate93.5%
Total Housing Units2,364
Median Year Built2000
Rent Burden20.9%