In April 2019, there were five homes sold, with a median sale price of $638,829 - a 1.8% decrease over the $650,855 median sale price for the same period of the previous year. There were 13 homes sold in Medina in April 2018.
The median sales tax in Medina for the most recent year with available data, 2015, was $5,848, approximately 0.9% of the median home sale price for April 2019.
The following table compares Medina to other Hennepin County cities with similar median sales prices in April 2019:
| City | Apr. 2019 Home Sales | Apr. 2018 Home Sales | % change (Total Home Sales) | Apr. 2019 Median Sales Price | Apr. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodland | 2 | 1 | 100% | $1,395,000 | $799,000 | 74.6% |
| Greenwood | 1 | 4 | -75% | $1,175,000 | $572,500 | 105.2% |
| Tonka Bay | 4 | 2 | 100% | $760,000 | $730,750 | 4% |
| Orono | 23 | 18 | 27.8% | $650,000 | $750,000 | -13.3% |
| Medina | 5 | 13 | -61.5% | $638,829 | $650,855 | -1.8% |
| Deephaven | 11 | 4 | 175% | $512,250 | $749,750 | -31.7% |
| Independence | 3 | 5 | -40% | $499,000 | $463,000 | 7.8% |
| Wayzata | 6 | 2 | 200% | $497,000 | $394,000 | 26.1% |
| Edina | 64 | 68 | -5.9% | $485,000 | $550,000 | -11.8% |
| Corcoran | 2 | 4 | -50% | $482,500 | $375,807.50 | 28.4% |
| Excelsior | 5 | 1 | 400% | $430,000 | $375,000 | 14.7% |
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