Zip 54451 (Medford, WI) Housing

The housing in 54451 Medford, WI is very attractive as the median value of $195,700 is much lower than the US House Median Value of $338,100. In addition to the lower price tag for homes in this area, it offers an even greater incentive for potential homeowners with the 1 year house appreciation rate at 14.05%. This is higher than the US 1 year house appreciation rate of 8.27%. Therefore, individuals looking to purchase a home in this area are likely to experience significant returns on their investment.

The median home cost in Medford (zip 54451) is $195,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Medford (zip 54451) is up 17.1%.

Average Age of Homes

- The median age of Medford (zip 54451) real estate is 41 years old

The Rental Market in Medford (zip 54451)

- Renters make up 21.2% of the Medford (zip 54451) population
- 1.8% of houses and apartments in Medford (zip 54451), 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, Wisconsin	United States
	5,055.0	139,647,020.0
	44	42
	$195,700	$338,100
	17.1%	16.6%
	51.1%	57.0%
	64.5%	101.1%
	$16.96	$10.98
	$2,685	$2,690
	65.3%	57.4%
	14.0%	11.2%
	20.7%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	8.9%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	3.2%	2.4%
	2.7%	2.8%
	5.1%	3.9%
	9.6%	4.5%
	22.9%	11.3%
	23.0%	13.0%
	19.6%	20.1%
	8.8%	13.6%
	2.1%	8.3%
	1.1%	9.7%
	0.3%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	14.4%	13.6%
	14.4%	13.6%
	15.2%	13.6%
	10.7%	13.2%
	16.7%	14.8%
	15.2%	13.6%
	11.6%	10.0%
	5.9%	4.7%
	15.5%	12.2%

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