Medina Real Estate Market Report: August 2026

In August 2026, the median sale price in Medina was $1,258,152, up 44.9% from a year earlier.

Median Sales Price
$1,258,152
+44.9% vs. August 2025
Homes for Sale
37
-27.5% vs. August 2025
Months Supply
3
-36.2% vs. August 2025
Balanced market
Days on Market
56
-40.4% vs. August 2025
Closed Sales
7
-41.7% vs. August 2025
Percent of Original List Received
96.1%
-0.5 pts vs. August 2025

What this means

The median sale price has increased by 45% from last year to $1,258,152, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling.

Homes are selling 38 days more quickly than last year, averaging 56 days on market, and sellers are receiving 96.1% of their original asking price.

The area is currently a balanced market with 3 months of supply. Active inventory is down 27% from last year to 37 homes for sale.

In a balanced market, neither side has a steep advantage, making careful pricing for sellers and steady negotiation for buyers the key to success.

Common questions about the Medina market

Is Medina a buyer's or seller's market?

Medina was a balanced market in August 2026, with 3 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 37 homes for sale.

How fast are homes selling in Medina?

Homes that sold in August 2026 spent an average of 56 days on market, 38 days faster than a year earlier. Sellers received 96.1% of their original list price on average.

Are home prices going up in Medina?

Yes. The median sale price rose 44.9% year over year to $1,258,152. Price per square foot moved in the same direction (from $229 to $286), which suggests a real change in values rather than a shift in the mix of homes sold.

Market trends in Medina

Medina monthly market data
MonthMedian sale priceClosed salesDays on marketMonths supply
September 2024$1,200,0008504
October 2024$1,100,00012583.6
November 2024$924,6659533.4
December 2024$924,2828783.4
January 2025$1,475,00051433.3
February 2025$907,396101103.7
March 2025$1,021,10012813
April 2025$535,00011733
May 2025$935,000131223.6
June 2025$1,265,00013303.8
July 2025$933,94514604.1
August 2025$868,43012944.7
September 2025$792,50010224.5
October 2025$1,053,69612483.3
November 2025$882,00014522.8
December 2025$950,00015662.2
January 2026$915,6104492.5
February 2026$1,113,0926413.3
March 2026$911,05571043
April 2026$1,411,500141163.6
May 2026$1,245,00015493.6
June 2026$990,00019573.4
July 2026$1,125,000131154.1
August 2026$1,258,1527563

How Medina compares with the Twin Cities region

In August 2026, the median sale price in Twin Cities (16-County Region) was $405,000, up 1.3% from a year earlier.

Read the August 2026 regional report

More to explore

Data: NorthstarMLS Local Market Update via 10K Research, published October 21, 2026.

Report published .

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