The housing market in Medford, NY is booming. The median value of homes in Medford is $441,500, which is significantly higher than the US median value of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, while in Medford it has increased by 9.97%. This shows that the housing market in this area is particularly strong and has seen significant growth over the last year.
The median home cost in Medford is $441,500. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Medford is up 13.1%.
Average Age of Homes
- The median age of Medford real estate is 42 years old
The Rental Market in Medford
- Renters make up 13.5% of the Medford population
- 0.0% 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.