Medford, MA Housing
As of 2010-2014, median price of a house in Medford is $392,700, which is higher than the state average of $329,900 and is much higher than the national average of $175,700. The Medford median house value has grown by 73.15% since 2000. The growth rate for the price of a house in Medford is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in Medford was built is 1939, which is older than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 12,733 Owner Occupied Houses in Medford, MA, #66Medford, MA | 392,700 USD |
Massachusetts | 329,900 USD |
U.S. | 175,700 USD |
Medford, MA | 73.15% |
Massachusetts | 77.65% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Medford, MA | Massachusetts | U.S. | |
Total Housing Units | 23,285, see rank, 100% | 2,816,875 | 132,741,033 |
Occupied Housing Units | 22,126, 95.02%, see rank | 90.12% | 87.55% |
Owner Occupied | 12,733, 54.68%, see rank | 56.12% | 56.34% |
Renter Occupied | 9,393, 40.34%, see rank | 33.99% | 31.21% |
Vacant Housing Units | 1,159, 4.98%, see rank | 9.88% | 12.45% |
For Rent | 207, 0.89%, see rank | 1.67% | 2.34% |
For Sale Only | 132, 0.57%, see rank | 0.74% | 1.20% |
Rented or Sold, Not Occupied | 193, 0.83%, see rank | 0.77% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 92, 0.40%, see rank | 4.29% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.01% | 0.03% |
Other Vacant | 535, 2.30%, see rank | 2.40% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #190Medford, MA | Massachusetts | U.S. |
1939 | 1959 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Medford, MA | % | Massachusetts | U.S. | |
Owner-Occupied Units | 12,733 | 100% | 1,580,938 | 74,787,460 |
With a Mortgage | 8,598 | 67.53%, see rank | 71.18% | 65.58% |
Without a Mortgage | 4,135 | 32.47%, see rank | 28.82% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Medford, MA | 2,309 USD |
Massachusetts | 2,095 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Medford, MA | % | Massachusetts | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.09% | 0.20% |
$300 to $499 | 47 | 0.55%, see rank | 0.49% | 1.59% |
$500 to $699 | 43 | 0.50%, see rank | 1.47% | 5.01% |
$700 to $999 | 293 | 3.41%, see rank | 4.74% | 14.32% |
$1,000 to $1,499 | 731 | 8.50%, see rank | 16.44% | 27.90% |
$1,500 to $1,999 | 1,826 | 21.24%, see rank | 22.84% | 20.35% |
$2,000 to $2,999 | 4,006 | 46.59%, see rank | 34.83% | 19.52% |
$3,000 or More | 1,652 | 19.21%, see rank | 19.10% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Medford, MA | 27.40% of the Total Income |
Massachusetts | 24.60% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Medford, MA | % | Massachusetts | U.S. | |
10% or Less | 344 | 4.00%, see rank | 5.29% | 5.86% |
10% to 20% | 2,228 | 25.91%, see rank | 29.25% | 31.95% |
20% to 30% | 2,295 | 26.69%, see rank | 29.39% | 27.64% |
30% to 40% | 1,686 | 19.61%, see rank | 14.83% | 13.74% |
40% or More | 2,032 | 23.63%, see rank | 20.86% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Medford, MA | 747 USD |
Massachusetts | 707 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Medford, MA | % | Massachusetts | U.S. |
$199 or Less | 48 | 1.16%, see rank | 1.57% | 7.76% |
$200 to $299 | 98 | 2.37%, see rank | 2.45% | 14.70% |
$300 to $499 | 400 | 9.67%, see rank | 16.27% | 34.63% |
$500 to $699 | 1,147 | 27.74%, see rank | 28.91% | 21.16% |
$700 or More | 2,442 | 59.06%, see rank | 50.80% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Medford, MA | 16.10% of the Total Income |
Massachusetts | 14.90% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Medford, MA | % | Massachusetts | U.S. | |
10% or Less | 1,208 | 29.21%, see rank | 31.52% | 40.19% |
10% to 20% | 1,182 | 28.59%, see rank | 31.52% | 31.47% |
20% to 30% | 656 | 15.86%, see rank | 14.65% | 12.24% |
30% to 40% | 399 | 9.65%, see rank | 7.86% | 5.64% |
40% or More | 626 | 15.14%, see rank | 13.41% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Medford, MA | Massachusetts | U.S. | |
Total Housing Units | 23,285, 100% | 2,816,875 | 132,741,033 |
1-unit, Detached | 8,328, 35.77%, see rank | 52.24% | 61.65% |
1-unit, Attached | 2,833, 12.17%, see rank | 5.19% | 5.82% |
2 Units | 5,962, 25.60%, see rank | 10.16% | 3.75% |
3 or 4 Units | 1,362, 5.85%, see rank | 10.94% | 4.43% |
5 to 9 Units | 519, 2.23%, see rank | 5.95% | 4.78% |
10 or More Units | 4,250, 18.25%, see rank | 14.65% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 31, 0.13%, see rank | 0.87% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Medford, MA | Massachusetts | U.S. | |
Total Housing Units | 23,285, 100% | 2,816,875 | 132,741,033 |
1 Room | 272, 1.17%, see rank | 2.33% | 1.95% |
2 Rooms | 641, 2.75%, see rank | 3.02% | 2.48% |
3 Rooms | 1,916, 8.23%, see rank | 10.03% | 9.13% |
4 Rooms | 3,579, 15.37%, see rank | 15.77% | 16.60% |
5 Rooms | 5,585, 23.99%, see rank | 18.26% | 20.41% |
6 Rooms | 4,164, 17.88%, see rank | 17.63% | 18.06% |
7 Rooms | 3,089, 13.27%, see rank | 12.23% | 12.27% |
8 Rooms | 1,906, 8.19%, see rank | 9.28% | 8.48% |
9 Rooms or More | 2,133, 9.16%, see rank | 11.45% | 10.60% |
Median Rooms | 5.40, see rank | 5.50 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Medford, MA | Massachusetts | U.S. | |
Total Housing Units | 23,285, 100% | 2,816,875 | 132,741,033 |
No Bedroom | 313, 1.34%, see rank | 2.56% | 2.17% |
1 Bedroom | 2,806, 12.05%, see rank | 14.08% | 11.16% |
2 Bedrooms | 8,977, 38.55%, see rank | 28.19% | 26.69% |
3 Bedrooms | 7,422, 31.87%, see rank | 34.72% | 39.70% |
4 Bedrooms | 2,738, 11.76%, see rank | 16.00% | 16.05% |
5 or More Bedrooms | 1,029, 4.42%, see rank | 4.45% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Medford, MA | Massachusetts | U.S. | |
Total Housing Units | 22,126, 100% | 2,538,485 | 116,211,092 |
Utility Gas | 12,450, 56.27%, see rank | 49.70% | 48.85% |
Bottled, Tank, or LP Gas | 412, 1.86%, see rank | 2.86% | 4.86% |
Electricity | 3,087, 13.95%, see rank | 14.23% | 36.68% |
Fuel Oil, Kerosene, etc. | 6,087, 27.51%, see rank | 30.36% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.13% | 0.12% |
Wood | 13, 0.06%, see rank | 1.69% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 68, 0.31%, see rank | 0.65% | 0.47% |
No Fuel Used | 9, 0.04%, see rank | 0.35% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Medford, MA | Massachusetts | U.S. |
Occupied Units Paying Rent | 9,141, 100% | 924,809 | 39,201,928 |
$199 or Less | 114, 1.25%, see rank | 2.07% | 1.50% |
$200 to $299 | 387, 4.23%, see rank | 5.74% | 3.18% |
$300 to $499 | 447, 4.89%, see rank | 7.69% | 7.37% |
$500 to $699 | 397, 4.34%, see rank | 8.07% | 16.01% |
$700 to $999 | 893, 9.77%, see rank | 20.08% | 29.17% |
$1,000 to $1,499 | 2,580, 28.22%, see rank | 31.42% | 26.88% |
$1,500 to $1,999 | 2,683, 29.35%, see rank | 15.67% | 9.79% |
$2,000 or More | 1,640, 17.94%, see rank | 9.27% | 6.10% |
Median | $1,464, see rank | $1,088 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Medford, MA | Massachusetts | U.S. | |
Occupied Housing Units | 22,126, 100% | 2,538,485 | 116,211,092 |
No Vehicles Available | 2,302, 10.40%, see rank | 12.57% | 9.12% |
1 Vehicles Available | 9,666, 43.69%, see rank | 36.07% | 33.80% |
2 Vehicles Available | 7,661, 34.62%, see rank | 36.51% | 37.48% |
3 or More Vehicles Available | 2,497, 11.29%, see rank | 14.84% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.