Medford, MA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Medford, MA is $861,000, up 5.0% year-over-year. Homes sell in an average of 49 days with 53 active listings. The market is currently a seller's market.
$861,000median sale price
Is Medford a buyer's or seller's market?
Medford, MA is currently a seller's market, based on 2.0 months of supply and homes selling in about 49 days. How we determine this →
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
Medford, MA market data
| Metric | Value |
|---|---|
| Median sale price | $861,000 |
| Median list price | $929,000 |
| Year-over-year price change | +5.0% |
| Average days on market | 49 days |
| Active inventory | 53 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 101.6% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
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
Homes for sale in Medford
There are currently 53 homes listed for sale in Medford, Massachusetts. The median listing price is $929K.
Active listings
53
Homes on market
Median list price
$929K
Avg. days on market
49
Days until sale
New this week
29
Newly listed
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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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