What is the average home price in Medway, MA 02053?

As of May '26, the median home price in Medway, MA 02053 is $731,000, based on Zillow home estimates.

How have home prices in Medway, MA 02053 changed over the past year?

As of May '26, home prices have increased 0.7% over the past year, according to Zillow home estimates data.

What is the home price projection for Medway, MA 02053?

As of May '26, Zillow projects home prices in Medway, MA 02053 to increase 1.1% in the next year.

What are the demographics of Medway, MA 02053?

According to the latest Census, the demographics of Medway, MA 02053 are 83.1% White, 1.3% Black, 5.4% Asian, 4.5% Hispanic. The population is 13,300, with 23.1% under 18 years old.

How long does it take homes to sell in Medway, MA 02053?

According to Realtor.com, as of May '26, the median home in Medway, MA 02053 is on the market for 23 days. This is an increase of 31.0% from last year.

What is the average rent price in Medway, MA 02053?

The average rent price in Medway, MA 02053, as of the latest data, is $2,820. The average rent for 1 bedroom homes is $2,100. For 2, 3, and 4 bedroom homes, the average rent is $2,710, $3,070, and $3,750 respectively.

View in Interactive Map

Medway, MA—02053

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$731,000

0.7% YoY Growth

Household Income

$174,000

46.0% YoY Growth

Days on Market

31.0% Longer YoY

Home Price Forecast

1.1%

Median Rent

$2,700

26.8% YoY Growth

1-Bed Rent

$2,000

6.1% YoY Growth

2-Bed Rent

$2,700

54.5% YoY Growth

3-Bed Rent

$2,900

17.6% YoY Growth

Home Price Trends — Medway, MA

As of May '26, the median home price in Medway, MA is $731,000, with a year-over-year change of 0.7%. This indicates that home prices in Medway, MA are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$731,000	0.7%
Single Family	$745,000	0.9%
Condos	$550,000	1.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$735,000	-7.0%
Listing Count	44	67.0%
Listings as % of Homes	0.5%	67.0%
Days on Market	23	31.0%

Metric	Latest Census	YoY % Change
Population	13,300	0.1%
% Under 18	23.1%	-6.9%
% Seniors	14.6%	9.8%
% WFH	19.0%	160.3%
% w/ College Degree	61.9%	6.2%

Metric	Zip Code Average
Total Loan Originations	261
% Conventional Loans	96.0%
% Government Loans	4.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

Total Units under HUD	144
Total Units Section 8	44
% Rentals under Section 8	5.0%
% Occupied Section 8	95.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$140	$2,000	$2,140
2 Bedroom	-$150	$2,700	$2,550
3 Bedroom	$180	$2,900	$3,080
4 Bedroom	$390	$3,000	$3,390

Medway, MA—02053

Key Metrics at a Glance

Home Price Trends — Medway, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Medway, MA

% of Rental Stock

Property Listings — Medway, MA

Demographics — Medway, MA

Race and Ethnicity

Mortgage and Risk — Medway, MA

Mortgages

Rentals and Section 8 — Medway, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Medway, MA

Home Price to Income Ratio

Medway, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Holliston, MA

Millis, MA

Franklin, MA

Bellingham, MA

Milford, MA

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$2,700	$2,820
Studio Rent	N/A	N/A
1 Bed Rent	$2,000	$2,100
2 Bed Rent	$2,700	$2,710
3 Bed Rent	$2,900	$3,070
4 Bed Rent	$3,000	$3,750

Metric	Latest Census	5-Year % Change
% White	83.1%	-9.2%
% Black	1.3%	-55.2%
% Hispanic	4.5%	275.0%
% Asian	5.4%	80.0%
% Foreign Born	7.7%	18.5%

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$731,000
Median Household Income	$174,000