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MEDFORD, MN 55049

Real Estate Market Report  ·  Steele County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MEDFORD, MN real estate market (55049) currently shows 4 active listings, with 2 pending sales. Homes are averaging 8 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 8 days on market compared to 76 days last year.

The median listing price has risen 45.9% year-over-year, from $185,000 to $269,900.

Whether you are buying or selling in MEDFORD, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,620  ·  Density: 21.8/mi²  ·  Median household income: $87,940

Typical home value: $220,229  ·  Homeownership: 82.5%

Market Overview

Active Listings
4
vs 4 last year
Pending
2
50% pending ratio
Median Price
$269,900
⇧ 45.9% vs $185,000 last year
Average Price
$284,950
⇧ 43.7% vs $198,333 last year
Days on Market
8
⇩ 89.5% vs 76 days last year

Price Per Square Foot

Median $/sqft
$163
⇧ 21.6% vs $134/sqft last year
Median Home Size
1,590 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 8 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $269,900 (+45.9% YoY)
  • Average: $284,950 (+43.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.5 miles — 175 listings ($67,794,910 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55049Medford, MN 550490.0 mi2$629,800$314,900$314,900
55021Faribault, MN 550218.5 mi68$27,954,256$344,950$411,092
55924Claremont, MN 5592414.7 mi1$525,000$525,000$525,000
55946Kenyon, MN 5594615.1 mi8$1,592,400$209,000$199,050
55019Dundas, MN 5501916.4 mi7$2,619,260$404,950$374,180
56096Waterville, MN 5609618.4 mi13$4,285,099$267,450$329,623
55046Lonsdale, MN 5504620.6 mi17$8,585,935$389,899$505,055
55927Dodge Center, MN 5592720.8 mi10$3,993,090$325,000$399,309
56026Ellendale, MN 5602621.0 mi7$1,761,319$222,450$251,617
56069Montgomery, MN 5606922.6 mi30$10,583,850$345,400$352,795
56028Elysian, MN 5602823.5 mi3$1,739,700$579,900$579,900
56048Janesville, MN 5604824.2 mi6$2,123,226$297,450$353,871
55955Mantorville, MN 5595525.5 mi3$1,401,975$452,450$467,325

Frequently Asked Questions

How many homes are for sale in MEDFORD, MN 55049?

As of February 2026, there are 4 active listings in MEDFORD, MN (zip code 55049), compared to 4 the prior year.

What is the median home price in MEDFORD, MN 55049?

The median listing price in MEDFORD, MN 55049 is $269,900 as of February 2026, a 45.9% increase from $185,000 the prior year.

How long do homes stay on the market in MEDFORD, MN?

Homes in MEDFORD, MN 55049 spend an average of 8 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in MEDFORD, MN 55049?

Based on current inventory and days-on-market data as of February 2026, MEDFORD, MN 55049 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 8 days on market compared to 76 days last year.

How much can I save on real estate commission in MEDFORD, MN?

With SELL123.com's maximum 3% commission, sellers in MEDFORD, MN 55049 save an estimated $5,398 compared to a typical 5% commission on the median listing price of $269,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.