Observer
Town report

Medford

Medford has 147 homes for sale. 49% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 9 days, and 60% sold at or above their first asking price.

49%
of homes for sale have cut their price
43
days on the market, typical listing now
49%
of homes sold in the past 12 months went at or above the first asking price

1 in 2 sellers in Medford have cut their price, about the state's pace.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Medford ranks 73 of 230, where 1 has the most cuts.

Medford49%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling at or above the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

100.0%
Oct 2025Oct 2026

Condos

94.1%
Oct 2025Oct 2026

Multi-family

94.4%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondosMulti-family
October 2025102.4% (24 sales)100.0% (15 sales)– (4 sales)
November 2025100.0% (13 sales)95.8% (6 sales)96.4% (7 sales)
December 202598.3% (19 sales)96.3% (18 sales)– (3 sales)
January 2026101.7% (14 sales)97.1% (9 sales)– (4 sales)
February 2026104.0% (7 sales)96.1% (17 sales)– (3 sales)
March 2026104.4% (15 sales)97.7% (15 sales)– (2 sales)
April 2026100.7% (9 sales)98.5% (15 sales)– (4 sales)
May 2026102.7% (14 sales)99.0% (22 sales)– (3 sales)
June 2026103.0% (26 sales)98.3% (15 sales)100.0% (12 sales)
July 2026100.0% (28 sales)100.6% (16 sales)97.1% (8 sales)
August 2026100.0% (25 sales)97.0% (22 sales)103.6% (5 sales)
September 2026100.0% (12 sales)96.4% (18 sales)– (4 sales)
October 2026100.0% (18 sales)94.1% (12 sales)94.4% (9 sales)

Medford has 28% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 12 weeks to go under agreement.

Homes for sale

200100
148
Aug 3Oct 26

Offers accepted

2010
11
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 31161014
Aug 10119411
Aug 17123815
Aug 2412279
Aug 3111276
Sep 7143439
Sep 141441320
Sep 211511123
Sep 281461722
Oct 51411311
Oct 121511026
Oct 191441614
Oct 261481122

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$900K199 sales · 9 days to offer · 60% at or above first ask
  • Condos$685K186 sales · 19 days to offer · 37% at or above first ask
  • Multi-family$1.07M65 sales · 10 days to offer · 48% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family199$900,000942%60%
Condos186$685,0001928%37%
Multi-family65$1,075,0001034%48%

A typical two-bedroom in Medford leases for $2,800 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$2,300Middle half $2,050–$2,500 · 55 leases
  • 2 beds$2,800Middle half $2,600–$3,000 · 205 leases
  • 3 beds$3,500Middle half $3,000–$4,000 · 137 leases
  • 4+ beds$4,295Middle half $3,750–$5,400 · 70 leases
475 leases; 80% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed55$2,300$2,050–$2,50034
2 beds205$2,800$2,600–$3,00034
3 beds137$3,500$3,000–$4,00041
4+ beds70$4,295$3,750–$5,40048

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.