Is Medford, MN 55049 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Medford is a seller’s market. With about 1.2 months of supply and 63% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.2Under 4 months = seller’s market

Sold above original list62.5%Share of sales, last 3 months

Median sale-to-list105.1%Sold price ÷ list price

Median days on market9Listing to accepted offer

Median price per sq ft$166▲ +2.2% vs. last year

Run the numbers for 55049

Prefilled for 55049Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55049Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blooming Prairie 55917Seller’s market $180 /sq ft Ellendale 56026Balanced $181 /sq ft Owatonna 55060Seller’s market $159 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology