Medfield, MA02052

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,035,000
1.4% YoY Growth
Median Household Income
$215,000
38.5% 5-Year Growth
Days on Market
34
56.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$2,950
17.0% YoY Growth
1-Bed Rent
$2,200
8.9% YoY Growth
2-Bed Rent
$2,660
6.0% YoY Growth
3-Bed Rent
$4,300
33.7% YoY Growth

Property Listings — Medfield, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Medfield, MA is 34. This is a increase of 56.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$929,0003.0%
Listing Count
16-40.0%
Listings as % of Homes0.2%-40.0%
Days on Market
3456.0%
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Demographics — Medfield, MA

As of the latest ACS Survey released in 2023, Medfield, MA has a population of 12,900, which has increased by 1.4% over the past 5 years. Medfield, MA is a popular place for families, as children make up 28.3% of the population. The area has a highly educated workforce, with 76.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,9001.4%
% Under 18
28.3%-6.9%
% Seniors
14.2%14.5%
% WFH
35.1%195.0%
% w/ College Degree
76.3%5.7%
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As of the latest ACS Survey released in 2023, Medfield, MA is a predominantly white area, with 86.1% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Medfield, MA is asian, making up 4.4% of the population. Foreign-born residents account for 7.0% of the population in Medfield, MA, and this percentage has decreased by 15.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.1%-5.7%
% Black
1.7%88.9%
% Hispanic
3.7%76.2%
% Asian
4.4%-8.3%
% Foreign Born
7.0%-15.7%
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Mortgage and Risk — Medfield, MA

According to HUD data as of 2023, there were 281 mortgage originations in Medfield, MA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Medfield, MA. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
281
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
3.0%

Loan Activity

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Rentals and Section 8 — Medfield, MA

As of 2024, the percent of homes in Medfield, MA under the Section 8 program is 15.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Medfield, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
91
Total Units Section 8
91
% Rentals under Section 8
15.6%
% Occupied Section 8
97.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$60$2,200$2,140
2 Bedroom-$110$2,660$2,550
3 Bedroom-$1,220$4,300$3,080
4 Bedroom-$1,610$5,000$3,390

Affordability — Medfield, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$1,035,000
Median Household Income$215,000

Medfield, MA — ZIP Code Boundary Map

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Frequently Asked Questions