City:
Medford is a city in the state of massachusetts with a population of roughly 59,735. It is in Middlesex County, Massachusetts the Boston-Cambridge-Newton, MA-NH core-based statistical areas (CBSA), and the Boston-Worcester-Providence, MA-RI-NH-CT combined statistical area (CSA).Its Zip codes include 02155 .
Real estate in Medford, MA is a hot commodity. The city has seen an influx of young professionals and families looking for suburban living without the high cost of Boston. There are plenty of options for buyers, from starter homes to luxury estates.
Medford is located in Middlesex County on the Mystic River. The city is bordered by Somerville to the north, Cambridge to the east, and Chelsea to the south. The population of Medford was 106,781 as of 2016.
The median home price in Medford was $424,500 in April 2017 according to Zillow. This makes it one of the more affordable cities in Massachusetts with a median home price below $500,000. In addition, there are plenty of properties available for purchase within a reasonable budget range. For example, a three-bedroom home can be purchased for under $300K and a four-bedroom home can be purchased for under $400K.
There are many reasons why people are choosing to live in Medford over other cities in Massachusetts such as Boston or Worcester. One reason is that Medford offers a more suburban feel with less congestion than larger cities like Boston or Worcester. Additionally, Medford has excellent public schools and ample recreational opportunities including parks and golf courses nearby.
Price Index: Cambridge-Newton-Framingham, MA (MSAD)