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2025 Compare Cities Housing:
Parsippany-Troy Hills, NJ vs Medford, MA

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Highlights
- The median age of a home in Parsippany-Troy Hills is 50.0% younger than the median age of a home in Medford.
 Parsippany-Troy Hills, NJMedford, MAUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$675,400$338,100
 Home Appr. Last 12 months13.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock44.8%57.0%
 Home Appr. Last 10 yrs.61.1%  Unlock101.1%
 Property Tax Rate  Unlock$9.2$11.0
 Homes Owned57.7%  Unlock57.4%
 Housing Vacant  Unlock5.7%11.2%
 Homes Rented39.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Parsippany-Troy Hills, NJMedford, MAUnited States
 Average Rent  Unlock$3,510$1,840
 Studio Apartment$1,320  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$2,410$1,180
 2 Bedroom Home or Apartment$1,880  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$3,560$1,860
 4 Bedroom Home or Apartment$2,800  Unlock$2,160
 space1
 Vacant Housing
 Parsippany-Troy Hills, NJMedford, MAUnited States
 Vacant For Rent  Unlock1.8%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.1%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other0.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Parsippany-Troy Hills, NJMedford, MAUnited States
 Less Than $20,000  Unlock1.0%2.6%
 $20,000 to $39,9990.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.2%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9992.0%  Unlock11.3%
 $150,000 to $199,999  Unlock0.6%13.0%
 $200,000 to $299,9999.0%  Unlock20.1%
 $300,000 to $399,999  Unlock8.9%13.6%
 $400,000 to $499,99927.3%  Unlock8.3%
 $500,000 to $749,999  Unlock48.9%9.7%
 $750,000 to $999,9992.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.0%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
 space3
 Housing Units By Year Built
 Parsippany-Troy Hills, NJMedford, MAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.9%13.6%
 2000 to 20095.6%  Unlock13.6%
 1990 to 1999  Unlock2.7%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock8.1%14.8%
 1960 to 19698.3%  Unlock13.6%
 1950 to 1959  Unlock9.6%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock47.8%12.2%
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Reviews for Parsippany-Troy Hills    1 Reviews
Bp · Whippany, NJ
Why Parsippany, New Jersey is a great place to liv
Over 14 years ago

Parsippany, NJ is one of the most desirable towns to live in Morris County for many reasons. -The location of Parsippany is perfect for NYC commuters -There are  More

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Reviews for Medford    2 Reviews
Pattie · Medford, MA
Still Affordable
Over 11 years ago

Medford is still an affordable place to live compared to the surrounding communities of Somerville, Cambridge, Winchester, and Arlington. It has easy access to highways  More

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Pattie · Medford, MA
Medford MA
Over 18 years ago

Quality housing still at affordable prices. A nice bedroom community 7 miles from downtown Boston with excellent access to Cape Cod and New  More

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