Medford, MA Housing Market
The Medford housing market is very competitive. Homes in Medford receive 6 offers on average and sell in around 23 days. The median sale price of a home in Medford was $810K last month, up 15.3% since last year. The median sale price per square foot in Medford is $597, up 32.4% since last year.
Medford Housing Market Trends
In March 2024, Medford home prices were up 15.3% compared to last year, selling for a median price of $810K. On average, homes in Medford sell after 23 days on the market compared to 19 days last year. There were 58 homes sold in March this year, up from 30 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Medford housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 17 days.
- Hot homescan sell for about 5% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 28 days.
- Hot homescan sell for about 2% above list price and go pending in around 15 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 19 days.
- Hot homescan sell for about 6% above list price and go pending in around 8 days.
Medford Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Medford from outside metros.
- New York homebuyers searched to move into Medford more than any other metro followed by Hartford and San Francisco.
- 82% of Medford homebuyers searched to stay within the Medford metropolitan area.
- Portland was the most popular destination among Medford homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,367 | ||
2 | 1,280 | ||
3 | 400 | ||
4 | 312 | ||
5 | 131 | ||
6 | 108 | ||
7 | 105 | ||
8 | 28 | ||
9 | 17 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,041 | ||
2 | 1,853 | ||
3 | 1,807 | ||
4 | 1,019 | ||
5 | 995 | ||
6 | 895 | ||
7 | 753 | ||
8 | 664 | ||
9 | 394 | ||
10 | 347 |
Home offer insights for Medford
Recent offers
View houses in Medford that sold recently
Recently sold homes
- $849,900 Last Sold Price2 beds2 baths1,432 sq ft320 Middlesex Ave Unit F202, Medford, MA 02155List Price$849,900Sale to List0% over listDays on Market87 days320 Middlesex Ave Unit F202, Medford, MA 02155
- $1,153,000 Last Sold Price4 beds1.5 baths2,130 sq ft10 Pilgrim Rd, Medford, MA 02155List Price$899,000Sale to List28% over listDays on Market48 days10 Pilgrim Rd, Medford, MA 02155
- $1,140,000 Last Sold Price6 beds3 baths4,237 sq ft376-378 Fellsway West, Medford, MA 02155List Price$988,000Sale to List15% over listDays on Market41 days376-378 Fellsway West, Medford, MA 02155
- $1,000,000 Last Sold Price3 beds2 baths1,914 sq ft15 Traincroft, Medford, MA 02155List Price$899,000Sale to List11% over listDays on Market36 days15 Traincroft, Medford, MA 02155
- $1,018,000 Last Sold Price2 beds2 baths1,241 sq ft100 Station Lndg #411, Medford, MA 02155List Price$1,036,000Sale to List2% under listDays on Market65 days100 Station Lndg #411, Medford, MA 02155
- $980,000 Last Sold Price4 beds3 baths1,959 sq ft134 North St #134, Medford, MA 02155List Price$999,000Sale to List2% under listDays on Market189 days134 North St #134, Medford, MA 02155
- $490,000 Last Sold Price2 beds1.5 baths900 sq ft100 High St #302, Medford, MA 02155List Price$439,900Sale to List11% over listDays on Market68 days100 High St #302, Medford, MA 02155
- $950,000 Last Sold Price4 beds1.5 baths1,535 sq ft36 Marion St, Medford, MA 02155List Price$849,000Sale to List12% over listDays on Market39 days36 Marion St, Medford, MA 02155
See all recently sold homes in Medford.
See listings
Schools in Medford
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Benjamin G. Brown School Public • K-5 | 229 Students | 6 reviews |
9/10 Lincoln Elementary School Public • K-5 | 431 Students | 2 reviews |
9/10 Gibbs School Public • 6 | 463 Students | N/A |
8/10 Thompson Elementary School Public • K-5 | 507 Students | 7 reviews |
8/10 West Somerville Neighborhood School Public • PreK-8 | 370 Students | 4 reviews |
Climate's impact on Medford housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Medford.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Medford
Walk Score®
Transit Score®
Bike Score®
More real estate resources for Medford
New Listings in Medford
Neighborhood Housing Markets
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Listings
Nearby City Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.