Medway, MA Housing

The housing market in Medway, MA is strong and thriving. The median house value in the area is $582,000, which is significantly higher than the US House Median Value of $338,100. In the past year, house appreciation in Medway has increased by 8.56%, slightly higher than the US 1 year House Appreciation of 8.27%. This makes it clear that Medway is a desirable place to live, with a booming housing market and growing property values.

The median home cost in Medway is $582,000. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Medway is up 11.8%.

Average Age of Homes

- The median age of Medway real estate is 44 years old

The Rental Market in Medway

- Renters make up 15.4% of the Medway population
- 0.0% of houses and apartments in Medway, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Medway, Massachusetts	United States
	4,738.0	139,647,020.0
	50	42
	$582,000	$338,100
	11.8%	16.6%
	43.9%	57.0%
	77.1%	101.1%
	$12.15	$10.98
	$7,116	$2,690
	85.7%	57.4%
	1.2%	11.2%
	13.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.2%	2.4%
	0.4%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	1.9%	13.0%
	9.8%	20.1%
	25.3%	13.6%
	24.1%	8.3%
	32.1%	9.7%
	4.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.4%	13.6%
	5.4%	13.6%
	16.2%	13.6%
	16.6%	13.2%
	9.6%	14.8%
	16.2%	13.6%
	12.3%	10.0%
	1.6%	4.7%
	23.9%	12.2%