Medford, MA
Housing market overview · Updated weekly
$861,000median sale price
Homes sold
27
Last 12 weeks
Days on market
49
Average pace
Active listings
53
2.0 months supply
Sale-to-list
101.6%
Above asking
The Medford housing market is currently classified as a seller's market with a median sale price of $861,000. Prices have risen 5.0% compared to last year, with homes spending an average of 49 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Medford?
The median home sale price in Medford is $861,000, up 5.0% from last year.
How long do homes stay on market in Medford?
Homes typically spend 49 days on market before going under contract.
Is Medford a buyer's or seller's market?
With 2.0 months of supply, Medford is currently a seller's market.
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