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Single Family ResidenceResidential
$228,624$99 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $120,000 on Jul 11, 2023

407 1ST AVE SW

MEDFORD, MN 55049
4
Beds
2
Baths
2,298 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.3 ac
Lot SizeThe size of the land the home sits on, from county records.
1948
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
12
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$229K
$210K low$247K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$120,000 · Jul 11, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,264 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$257,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$30,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$227,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$252,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$257,300

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.35
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
8
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
60
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
57
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
49
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySTEELE
Lot (acres)The size of the land the home sits on, from county records.0.30
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Medford Elementary SchoolB-
Elementary · Grades PK–6 · 0.9 mi
M
Medford Secondary SchoolD+
Middle · Grades 7–12 · 0.9 mi

District: Medford Public School District

Neighborhood · ZIP 55049These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.91
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.77
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.9

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.1,847
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.41 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$93,239
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112,441
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

407 1st Ave Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Medford 55049
  • Costs less per square foot than 95% of homes in Medford 55049
  • Bigger than 79% of homes in Medford 55049
  • Has a smaller lot than 70% of homes in Medford 55049
  • Older than 74% of homes in Medford 55049

What homes are worth in Medford 55049

Each bar is how many homes fall in that price range. The marker is this home.

This home
$147K$774K

This home is worth more than 15% of homes in Medford 55049.

How it measures up in Medford 55049

The dot is this home. The mark in the middle is the typical home in Medford 55049.

Estimated value$228,624
CheaperTypical $324,471Pricier

Pricier than 15% of homes nearby

Price per ft²$99
CheaperTypical $189Pricier

Pricier than 5% of homes nearby

Living area2,298 ft²
SmallerTypical 1,680 ft²Bigger

Bigger than 79% of homes nearby

Lot size0.3 ac
SmallerTypical 1 acBigger

Bigger than 30% of homes nearby

Year built1948
OlderTypical 1979Newer

Newer than 26% of homes nearby

How 407 1st Ave Sw ranks against every home in each area.
MeasureThis homeMedford 55049Steele County
Estimated valuepricier than$228,62415% of homes25% of homes
Price per ft²pricier than$995% of homes7% of homes
Living areabigger than2,298 ft²79% of homes78% of homes
Lot sizebigger than0.3 ac30% of homes49% of homes
Year builtnewer than194826% of homes28% of homes

About 407 1st Ave Sw

How much is 407 1st Ave Sw, Medford, MN worth?

The TopHap Estimate for 407 1st Ave Sw, Medford, MN is $228,624 as of Sep 24, 2026. The likely range is $210,371 to $246,877. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 407 1st Ave Sw, Medford, MN last sell?

407 1st Ave Sw, Medford, MN last sold on Jul 11, 2023 for $120,000, according to the county's recorded deed.

How big is 407 1st Ave Sw, Medford, MN?

407 1st Ave Sw, Medford, MN has 4 bedrooms, 2 bathrooms, 2,298 square feet of living space and a 0.30-acre lot.

When was 407 1st Ave Sw, Medford, MN built?

407 1st Ave Sw, Medford, MN was built in 1948, making it 78 years old. The building has 1 story.

What schools serve 407 1st Ave Sw, Medford, MN?

407 1st Ave Sw, Medford, MN is assigned to Medford Elementary School (elementary), rated B-; Medford Secondary School (middle), rated D+. All sit in Medford Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 407 1st Ave Sw, Medford, MN compare to other homes in Medford 55049?

Among the 1,203 homes in Medford 55049, it is worth more than 15% of them ($228,624 against a typical $324,471), its price per square foot is higher than 5% of them ($99 against a typical $189), it is bigger than 79% of them (2,298 ft² against a typical 1,680 ft²), its lot is bigger than 30% of them (0.3 ac against a typical 1 ac) and it is newer than 26% of them (1948 against a typical 1979). Measured against all of Steele County, it is worth more than 25% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 407 1st Ave Sw, Medford, MN?

The 2026 property tax bill for 407 1st Ave Sw, Medford, MN was $3,264. The county assessed it at $257,300.

More homes on 1st Ave Sw

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