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Featured local agent — Medford, MA
Sarah Mitchell
Compass Real Estate · Medford, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Medford, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$850,000median sale price
How is the Medford, MA housing market right now?
The median home sale price in Medford, MA is $850,000, down 6.2% year-over-year. Homes sell in an average of 20 days with 119 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Medford a buyer's or seller's market?
Medford, MA is currently a seller's market, based on 3.1 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
39
Last 12 weeks
Days on market
20
Fast-moving
Active listings
119
3.1 months supply
Sale-to-list
102.6%
Above asking
What does the Medford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $850,000 |
| Median list price | $879,000 |
| Year-over-year price change | -6.2% |
| Average days on market | 20 days |
| Active inventory | 119 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $516/sq ft |
| Homes sold (latest month) | 39 |
| New listings (latest month) | 79 |
| Listings with a price cut | 27.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Medford by property type?
How the Medford, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $944,000 | $482/sq ft | 15 | 17 days |
| Condo / Co-op | $727,450 | $561/sq ft | 18 | 22 days |
| Townhouse | $980,000 | $497/sq ft | 3 | 26 days |
Source: Redfin · Updated monthly
The Medford housing market is currently classified as a seller's market with a median sale price of $850,000. Prices have fallen 6.2% compared to last year, with homes spending an average of 20 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.3x provides context for how home values compare to local earning capacity.
Homes for sale in Medford
There are currently 119 homes listed for sale in Medford, Massachusetts. The median listing price is $879K.
Active listings
119
Homes on market
Median list price
$879K
Avg. days on market
20
Days until sale
New this week
79
Newly listed
Who lives in Medford?
Population
59,062
Median income
$118,089/yr
Median age
36.1 years
Owner-occupied
53.1%
College grads
57.6%
Avg commute
30.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Medford?
Zillow home value
$856,375
Zillow rent index
$3,419/mo
Price-to-rent ratio
20.9x
Price-to-income
7.3x
Source: Zillow Research
What is it like to live in Medford?
Medford is a community of approximately 59K residents with a median age of 36.1 years.The median household income is $118,089, which reflects a relatively affluent area with strong earning potential. 57.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 53.1%, showing a blend of owner and renter-occupied properties. The average commute time is 30.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Medford offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Medford?
8 schools tracked · 4,134 students
The largest public schools serving Medford, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Medford High
Grades 9-12 · 1,191 students
Milton Fuller Roberts
Grades PK-5 · 571 students
Brooks School
Grades PK-5 · 537 students
John J McGlynn Elementary School
Grades K-5 · 499 students
Madeleine Dugger Andrews
Grades 6-8 · 452 students
Missituk Elementary School
Grades PK-5 · 437 students
John J. McGlynn Middle School
Grades 6-8 · 432 students
Curtis-Tufts
Grades 10-12 · 15 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Medford, MA?
Want a head-to-head view? Compare Medford side-by-side with any other U.S. city using our market-comparison tool.
Is Medford a good real estate investment market?
For investors evaluating Medford, the price-to-rent ratio of 20.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Medford's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Medford's median home price.
Frequently asked questions
What is the average home price in Medford?
The median home sale price in Medford is $850,000, down 6.2% from last year.
How long do homes stay on market in Medford?
Homes typically spend 20 days on market before going under contract.
What is the median income in Medford?
The median household income is $118,089 per year.
Is Medford a buyer's or seller's market?
With 3.1 months of supply, Medford is currently a seller's market.
What is the Zillow home value estimate for Medford?
The Zillow Home Value Index (ZHVI) for Medford is $856,375, representing the typical home value in the area.
What is the median condo price in Medford?
The median condo/co-op sale price in Medford, MA is $727,450, compared to $944,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Medford?
The median single-family home price in Medford, MA is $944,000 (about $482 per square foot).
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