Zip 02155 (Medford, MA) Housing

Medford, MA has a median housing value of $719,000, which is significantly higher than the US median housing value of $338,100. The appreciation rate in Medford is 5.64%, which is lower than the national average of 8.27%. This indicates that property values are stable in this area and likely to remain so even if there is a downturn in the market elsewhere. For prospective buyers, this could be an ideal place to invest as it offers good value for money and protection against any potential future drops in prices.

The median home cost in Medford (zip 02155) is $719,000. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Medford (zip 02155) is up 10.6%.

Average Age of Homes

- The median age of Medford (zip 02155) real estate is 78 years old

The Rental Market in Medford (zip 02155)

- Renters make up 40.3% of the Medford (zip 02155) population
- 1.8% of houses and apartments in Medford (zip 02155), 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	Medford, Massachusetts	United States
	26,259.0	139,647,020.0
	78	42
	$719,000	$338,100
	10.6%	16.6%
	44.8%	57.0%
	104.4%	101.1%
	$9.24	$10.98
	$5,434	$2,690
	51.4%	57.4%
	5.7%	11.2%
	42.9%	31.4%
Vacant Housing
	1.8%	1.9%
	0.1%	0.4%
	0.1%	0.7%
	0.6%	0.4%
	0.5%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.3%	2.4%
	0.1%	2.8%
	0.5%	3.9%
	0.0%	4.5%
	0.8%	11.3%
	0.6%	13.0%
	4.7%	20.1%
	8.9%	13.6%
	16.0%	8.3%
	48.9%	9.7%
	16.1%	3.9%
	2.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.9%	13.6%
	5.9%	13.6%
	2.7%	13.6%
	7.5%	13.2%
	8.1%	14.8%
	2.7%	13.6%
	9.6%	10.0%
	7.5%	4.7%
	47.9%	12.2%

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