Medford, NY—11763
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Medford, NY
As of Oct '25, the median home price in Medford, NY is $591,000, with a year-over-year change of 4.0%. This indicates that home prices in Medford, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $591,000 | 4.1% |
| Single Family | $605,000 | 3.2% |
| Condos | $423,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $421,000 | 2.9% |
3 Bed | $562,000 | 4.7% |
4 Bed | $641,000 | 3.9% |
| 5 Bed | $654,000 | 4.3% |
% of Housing Stock
Rental Trends — Medford, NY
As of July '25, Rentcast reports the average rent in Medford, NY is $2,660, with a year-over-year rent change of -13.4%. Per bedroom, the median rent as of July '25 in Medford, NY is 1-bedrooms: $2,310, 2-bedrooms: $2,710, 3-bedrooms: $3,800. The most common rental property sizes in Medford, NY are 3-bedroom and 2-bedroom, accounting for 32.1% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,310 |
| 2 Bed Rent | $2,600 | $2,710 |
| 3 Bed Rent | $3,800 | $3,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Medford, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Medford, NY is 46. This is a increase of 21.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $562,000 | -3.0% |
Listing Count | 121 | 52.0% |
| Listings as % of Homes | 0.7% | 52.0% |
Days on Market | 46 | 21.0% |
Demographics — Medford, NY
As of the latest ACS Survey released in 2023, Medford, NY has a population of 30,200, which has increased by 4.2% over the past 5 years. Medford, NY is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 29.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,200 | 4.2% |
% Under 18 | 23.5% | 16.3% |
% Seniors | 17.7% | 21.2% |
% WFH | 7.4% | 138.7% |
% w/ College Degree | 29.0% | 12.0% |
As of the latest ACS Survey released in 2023, Medford, NY is a predominantly white area, with 53.9% of the population identifying as white. The white population has shrunk by 17.8% in the last 5 years. The second most common race or ethnicity in Medford, NY is hispanic, making up 29.0% of the population. Foreign-born residents account for 16.9% of the population in Medford, NY, and this percentage has increased by 43.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.9% | -17.8% |
% Black | 11.4% | 16.3% |
% Hispanic | 29.0% | 33.6% |
% Asian | 2.4% | 9.1% |
% Foreign Born | 16.9% | 43.2% |
Mortgage and Risk — Medford, NY
According to HUD data as of 2023, there were 429 mortgage originations in Medford, NY, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Medford, NY. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 429 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Medford, NY
Medford, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 324 |
Total Units Section 8 | 161 |
% Rentals under Section 8 | 16.5% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $2,000 | $2,410 |
| 2 Bedroom | $180 | $2,600 | $2,780 |
| 3 Bedroom | -$200 | $3,800 | $3,600 |
| 4 Bedroom | N/A | N/A | $3,860 |
Affordability — Medford, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $591,000 |
| Median Household Income | $119,000 |