Medford, NY Housing Market
The Medford housing market is very competitive. Homes in Medford receive 12 offers on average and sell in around 35 days. The median sale price of a home in Medford was $490K last month, down 1.0% since last year. The median sale price per square foot in Medford is $251, up 19.8% since last year.
Medford Housing Market Trends
In March 2024, Medford home prices were down 1.0% compared to last year, selling for a median price of $490K. On average, homes in Medford sell after 35 days on the market compared to 25 days last year. There were 29 homes sold in March this year, up from 28 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 3% above list price and go pending in around 28 days.
- Hot homescan sell for about 7% above list price and go pending in around 16 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 3% above list price and go pending in around 26 days.
- Hot homescan sell for about 6% above list price and go pending in around 19 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 4% above list price and go pending in around 25 days.
- Hot homescan sell for about 8% above list price and go pending in around 16 days.
Medford Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Medford from outside metros.
- Peoria homebuyers searched to move into Medford more than any other metro followed by Springfield and Lincoln.
- 70% of Medford homebuyers searched to stay within the Medford metropolitan area.
- Miami was the most popular destination among Medford homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6 | ||
2 | 5 | ||
3 | 5 | ||
4 | 2 | ||
5 | 2 | ||
6 | 1 | ||
7 | 1 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6,754 | ||
2 | 4,058 | ||
3 | 3,185 | ||
4 | 2,755 | ||
5 | 2,367 | ||
6 | 2,152 | ||
7 | 1,814 | ||
8 | 1,636 | ||
9 | 1,547 | ||
10 | 1,491 |
Home offer insights for Medford
Recent offers
View houses in Medford that sold recently
Recently sold homes
- $545,000 Last Sold Price4 beds2 baths—sq ft2601 Race Ave, Medford, NY 11763Listing by Jones Hollow Realty Group IncList Price$469,999Sale to List16% over listDays on Market161 days2601 Race Ave, Medford, NY 11763
- $552,500 Last Sold Price3 beds2 baths—sq ft110 E Bartlett Rd, Middle Island, NY 11953Listing by Happy Homes Realty of L I IncList Price$579,900Sale to List5% under listDays on Market147 days110 E Bartlett Rd, Middle Island, NY 11953
- $750,000 Last Sold Price5 beds3 baths2,800 sq ft29 Greentree Dr, Medford, NY 11763Listing by Coldwell Banker M&D Good LifeList Price$659,000Sale to List14% over listDays on Market51 days29 Greentree Dr, Medford, NY 11763
- $555,000 Last Sold Price3 beds1.5 baths—sq ft180 Robinson Ave, Medford, NY 11763Listing by Keller Williams Points NorthList Price$525,000Sale to List6% over listDays on Market99 days180 Robinson Ave, Medford, NY 11763
- $415,000 Last Sold Price3 beds1.5 baths—sq ft36 Barbara Ln, Medford, NY 11763Listing by Signature Premier PropertiesList Price$399,999Sale to List4% over listDays on Market77 days36 Barbara Ln, Medford, NY 11763
- $425,000 Last Sold Price3 beds1.5 baths—sq ft347 Birchwood Rd #347, Medford, NY 11763Listing by Realty Connect USA L I IncList Price$425,000Sale to List0% over listDays on Market86 days347 Birchwood Rd #347, Medford, NY 11763
- $460,000 Last Sold Price4 beds2 baths1,106 sq ft2909 Chestnut Ave, Medford, NY 11763Listing by EXP RealtyList Price$439,000Sale to List5% over listDays on Market56 days2909 Chestnut Ave, Medford, NY 11763
- $310,000 Last Sold Price1 bed1 bath889 sq ft646 W End Dr #646, Medford, NY 11763Listing by Coldwell Banker American HomesList Price$314,000Sale to List1% under listDays on Market138 days646 W End Dr #646, Medford, NY 11763
See all recently sold homes in Medford.
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Schools in Medford
- Elementary
- Middle
- High
GreatSchools Rating
2/10 Tremont Elementary School Public • PreK-5 | 438 Students | 3 reviews |
2/10 Eagle Elementary School Public • PreK-5 | 588 Students | 5 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 - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Severe
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Wind likelihood over time
Heat Factor - Moderate
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Transportation in Medford
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