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Medford, MA
Full City Profile · Massachusetts · Suffolk County County
3.5
/5.0
B+
Good
59,062
Population
7,292/sq mi density
$118,089
Median Income
$61,508 per capita
$715,500
Home Value
$815,973 Zillow
$2,477
Median Rent
26.7% income on rent
52°F
Avg Temperature
246 sunny days/yr
202
Violent Crime/100K
915 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$118,089 median income, 3.1% unemployment
B
Affordability
3.3 / 5.0
$715,500 home value, $2,477/mo rent
F
Safety
1.0 / 5.0
202 violent crimes/100K
A+
Education
5.0 / 5.0
57.6% bachelor's degree or higher
Housing Overview
Median Home Value
$715,500
154% above
US avg: $281,900
Median Rent
$2,477/mo
113% above
US avg: $1,163/mo
Homeownership Rate
53.1%
19% below US avg (65.4%)
Total Housing Units
26,761
Median year built: 1943
Home Value by Source
Census Median
$715,500
Zillow (ZHVI)
$815,973
Median Sale Price
$861,000
Median List Price
$929,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.1%
Owner-Occupied
46.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$2,477/mo
· Zillow rent:
$3,145/mo
Market Indicators (Redfin)
Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
27
Price Drops
26.4%
of listings with price reduction
Price Per Sq Ft
$520
Active Inventory
53
homes for sale
Affordability & Housing Stock
Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
53.1%
Complete Housing Data
Home Values
| Census Median Value | $715,500 |
| Zillow Home Value (ZHVI) | $815,973 |
| Median Sale Price | $861,000 |
| Median List Price | $929,000 |
| Price Per Sq Ft | $520 |
Rent
| Census Median Rent | $2,477 |
| Zillow Rent (ZORI) | $3,145 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 49 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.4% |
| Homes Sold | 27 |
| Active Inventory | 53 |
| Price Per Sq Ft | $520 |
Ownership & Stock
| Owner-Occupied | 53.1% |
| Renter-Occupied | 46.9% |
| Homeownership Rate | 53.1% |
| Total Housing Units | 26,761 |
| Median Year Built | 1943 |
| Rent Burden | 26.7% |