Medford, WI Home Values & Market Trends
Real estate market trends reflect that there have been 194 transactions over the past year in Medford. The median value for residential home transactions that occurred over the previous year is $159,456.96. The number of current listings in Medford is 7, and the percentage of properties for sale in the city is 7.00%. Medford, WI currently has 10 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 7 properties for sale.
Medford, WI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 54451 | $ 267,824 $ 115/sqft |
Housing Market Summary for Medford, WI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $227.8K | $150.8K | -33.80% |
| Median Sold Price | $184.3K | $150.8K | -18.19% |
| Homes For Sale | 8 | 8 | - |
| Homes Sold | 108 | 115 | 6.48% |
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, WI
Browse Homes in Medford, WI
Medford home values range from $17,158 to $2,118,180. The median estimated value of a home in Medford is $159,456.96. The median list price of a home is 229,900, and the total count of properties in the city is 4,778.
- Pre-ForeclosurePre-foreclosure homes account for 0.17% of all residential properties in Medford, WI with 54451 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Medford, WI; of that zips, the estimated home value for pre-foreclosure homes ranges from $167,922 in 54451 to the lowest home value of $50,714 in 54451.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Medford, WI ranges from the highest value of $61,222 in 54451 to the lowest value of $61,222 in 54451. Bank owned homes and properties account for 0.02% of properties in Medford, WI. There is 1 zips within Medford, WI; 54451 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions54451 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Medford, WI. Auction homes and other auction properties account for 0.02% of all properties in Medford, WI. There is 1 zips within Medford, WI; of that zips, the median estimated home value for homes going to auction ranges from $93,586 in 54451 to the lowest value of $93,586 in 54451.
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More Real Estate Resources for Medford, WI
Guide for Medford, WI
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.