Home prices
The median home in Medina is valued at $606,100. In comparison to the surrounding areas this is approximately $243,340 (67%) higher.Compared to the US as a whole it is roughly $388,600 (178%) higher, and compared to the city of Minneapolis it is approximately $354,500 (140%) higher.
Rents
The median rent in Medina is $1,338 per month. This is about $206 (18%) higher compared to nearby areas.It is roughly $276 (25%) higher in comparison to the entire nation, and it is roughly $311 (30%) higher compared to the city of Minneapolis.
Nearby places
Loretto
Loretto is Medina's neighbor to the northwest. Housing prices there are significantly less expensive. The median home value in Loretto is $260,400, which comes out to $345,700 (132%) lower than Medina. Rent there is substantially less expensive. In Loretto the median rent is $645 per month, which comes out to $693 (107%) lower than Medina.
Maple Plain
Maple Plain is Medina's neighbor to the southwest. Its housing prices are a lot less expensive. The cost of the median home in Maple Plain is $248,900, which is $357,200 (143%) lower than Medina. Rents there are substantially less expensive. Maple Plain's median monthly rent is $915, which comes out to $423 (46%) lower than Medina.
Orono
Orono is Medina's neighbor to the south. The real estate prices there are somewhat more expensive. Orono's median home value is $680,100, which comes out to $74,000 (10%) higher than Medina. Rents there are a bit more expensive. Orono's median monthly rent is $1,460, which comes out to $122 (8%) higher than Medina.
Corcoran
Corcoran is Medina's neighbor to the north. Housing prices there are substantially less expensive. The price of the median home in Corcoran is $335,300, which is $270,800 (80%) lower than Medina. Rent there is somewhat more expensive. Corcoran's median rent is $1,681 a month, which is $343 (20%) higher than Medina.
Long Lake
Long Lake is approximately 3 miles south from Medina. The housing prices there are a lot less expensive. Long Lake's median home price is $289,100, which works out to $317,000 (109%) lower than Medina. Rent there is significantly less expensive. The median rent in Long Lake is $961 a month, which comes out to $377 (39%) lower than Medina.