Homeowners in Medford, WI have been seeing a great return on their housing investments over the past year. The median value of a house in Medford is $189,500, which is significantly lower than the US median value of $338,100. But despite this discrepancy in prices, homeowners in Medford have seen an impressive 14.05% uptick in house appreciation over the last year - that's double the national average of 8.27%. This trend is likely to continue and make Medford an attractive investment option for prospective homebuyers.
The median home cost in Medford is $189,500. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Medford is up 17.1%.
Average Age of Homes
- The median age of Medford real estate is 47 years old
The Rental Market in Medford
- Renters make up 39.2% of the Medford population
- 4.3% of houses and apartments in Medford, 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.