View in Interactive Map

Medford, MA—02155

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$857,000
0.6% YoY Growth
Household Income
$118,000
28.1% YoY Growth
Days on Market
25
22.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$3,300
3.8% YoY Growth
1-Bed Rent
$2,750
1.4% YoY Growth
2-Bed Rent
$3,020
2.1% YoY Growth
3-Bed Rent
$3,400
2.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Medford, MA

As of May '26, the median home price in Medford, MA is $857,000, with a year-over-year change of 0.6%. This indicates that home prices in Medford, MA are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$857,0000.6%
Single Family $932,0000.2%
Condos $635,000-1.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $489,000
    -0.6%
    2 Bed
    		$647,000-1.1%
    3 Bed
    		$888,0000.2%
    4 Bed
    		$1,032,0000.7%
    5 Bed $1,212,4430.6%
    Loading chart...

    % of Housing Stock

    Studio
    1.9%
    1 Bedroom
    13.1%
    2 Bedrooms
    37.2%
    3 Bedrooms
    31.4%
    4 Bedrooms
    11.6%
    5+ Bedrooms
    4.9%

    Rental Trends — Medford, MA

    As of July '25, Rentcast reports the average rent in Medford, MA is $3,530, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Medford, MA is studios: $2,470, 1-bedrooms: $2,720, 2-bedrooms: $3,280, 3-bedrooms: $3,580, 4-bedrooms: $4,390. The most common rental property sizes in Medford, MA are 2-bedroom and 1-bedroom, accounting for 44.1% and 24.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,300$3,530
    Studio Rent $2,680$2,470
    1 Bed Rent $2,750$2,720
    2 Bed Rent $3,020$3,280
    3 Bed Rent $3,400$3,580
    4 Bed Rent $4,300$4,390
    Loading chart...

    % of Rental Stock

    Studio
    3.1%
    1 Bedroom
    24.1%
    2 Bedrooms
    44.1%
    3 Bedrooms
    20.1%
    4 Bedrooms
    6.3%
    5+ Bedrooms
    2.4%

    Property Listings — Medford, MA

    As of May '26, Realtor.com reports that the median days on market for a home in Medford, MA is 25. This is a increase of 22.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$850,000-6.0%
    Listing Count
    		14453.0%
    Listings as % of Homes0.1%53.0%
    Days on Market
    		2522.0%
    Loading chart...

    Demographics — Medford, MA

    As of the latest ACS Survey released in 2023, Medford, MA has a population of 61,300, which has increased by 2.5% over the past 5 years. Medford, MA is a less popular place for families, as children make up 12.7% of the population. The area has a highly educated workforce, with 57.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		61,3002.5%
    % Under 18
    		12.7%-9.9%
    % Seniors
    		15.2%9.4%
    % WFH
    		22.2%469.2%
    % w/ College Degree
    		57.7%9.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Medford, MA is a predominantly white area, with 66.6% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Medford, MA is asian, making up 12.3% of the population. Foreign-born residents account for 23.9% of the population in Medford, MA, and this percentage has increased by 12.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		66.6%-6.5%
    % Black
    		6.5%-30.1%
    % Hispanic
    		8.9%64.8%
    % Asian
    		12.3%12.8%
    % Foreign Born
    		23.9%12.2%
    Loading chart...

    Mortgage and Risk — Medford, MA

    According to HUD data as of 2023, there were 783 mortgage originations in Medford, MA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Medford, MA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		783
    % Conventional Loans
    		97.0%
    % Government Loans
    		3.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		8.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Medford, MA

    As of 2024, the percent of homes in Medford, MA under the Section 8 program is 8.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Medford, MA, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		1,461
    Total Units Section 8
    		960
    % Rentals under Section 8
    		8.3%
    % Occupied Section 8
    		93.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$130$2,750$2,620
    2 Bedroom$80$3,020$3,100
    3 Bedroom$330$3,400$3,730
    4 Bedroom-$190$4,300$4,110

    Affordability — Medford, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.4
    Median Home Price$857,000
    Median Household Income$118,000

    Medford, MA — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Somerville, MA

    02144

    Somerville, MA

    02145

    Cambridge, MA

    02140

    Somerville, MA

    02143

    Winchester, MA

    01890

    Frequently Asked Questions