Don't miss out on this investment opportunity! Zoned for commercial or residential this piece of Medford history offers many opportunities for your entrepreneur buyer! Currently being used a residential home this home offers 2 bedrooms, 1.5 baths with office space and a connected workshop! A little TLC can turn this home into a great investment property or perhaps the perfect little coffee shop!
The median home value in Medford, MN is $266,950. This is higher than the county median home value of $249,400. The national median home value is $338,100. The average price of homes sold in Medford, MN is $266,950. Approximately 76.74% of Medford homes are owned, compared to 17.55% rented, while 5.71% are vacant. Medford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Medford real estate agent to arrange a tour today!
Medford, Minnesota has a population of 1,283. Medford is more family-centric than the surrounding county with 37.54% of the households containing married families with children. The county average for households married with children is 34.24%.
The median household income in Medford, Minnesota is $84,000. The median household income for the surrounding county is $73,468 compared to the national median of $69,021. The median age of people living in Medford is 31 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 4.3 degrees. The average rainfall is approximately 33.9 inches per year, with 45.6 inches of snow per year.