Medford, MA Home Values & Market Trends
Real estate market trends reflect that there have been 573 transactions over the past year in Medford. The median value for residential home transactions that occurred over the previous year is $797,317.73. The number of current listings in Medford is 16, and the percentage of properties for sale in the city is 16.00%. Medford, MA currently has 10 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 16 properties for sale.
Medford, MA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
02155 | $ 802,500 $ 427/sqft |
Housing Market Summary for Medford, MA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $639.9K | $774.5K | 21.03% |
Median Sold Price | $740K | $774.5K | 4.66% |
Homes For Sale | 23 | 15 | -34.78% |
Homes Sold | 309 | 263 | -14.89% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Medford, MA
Browse Homes in Medford, MA
Medford home values range from $23,855 to $2,296,621. The median estimated value of a home in Medford is $797,317.73. The median list price of a home is 799,950, and the total count of properties in the city is 15,781.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Medford, MA with 02155 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Medford, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,057,646 in 02155 to the lowest home value of $554,000 in 02155.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Medford, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Medford, MA. There is 1 zips within Medford, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02155 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Medford, MA. Auction homes and other auction properties account for 0.03% of all properties in Medford, MA. There is 1 zips within Medford, MA; of that zips, the median estimated home value for homes going to auction ranges from $909,600 in 02155 to the lowest value of $718,300 in 02155.
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Guide for Medford, MA
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