02155, Medford, MA

The 2155 zip code of Medford, MA is located in Middlesex County and has a population of approximately 107,000. The median household income in the zip code is $101,000 and the median family income is $113,500. The home equity and home prices in the zip code are both high.

The average home value in the zip code is $370,000 and the average home equity loan amount is $236,500. The percentage of homes that are owner-occupied is 79% and the percentage of homes that are renter-occupied is 21%. There are a total of 46 homes for sale in the zip code and there have been 5 sales since January 1st, 2017. The median list price for a home in the zip code is $405,000.

The current market conditions for homeownership and housing prices in Medford are positive. In addition to being an affluent area with high incomes, Medford also has a low unemployment rate (3%) which contributes to increased demand for housing. Additionally, there are many new development projects underway or planned within close proximity to the city which will add even more demand for housing over time.