Question 1

How competitive is the housing market in Medford (02155)?

Accepted Answer

The Medford (02155) (02155) in Medford, MA housing market has a competitiveness index of 41 out of 100, making it a moderately competitive market for buyers. This score is based on days on market, overbidding trends, and inventory levels.

Question 2

How much should I bid on a home in Medford (02155)?

Accepted Answer

Homes in Medford (02155) (02155) in Medford, MA sell for an average of 0.4% below asking price. Offers near asking price are typical in this area.

Question 3

How fast do homes sell in Medford (02155)?

Accepted Answer

The median days on market in Medford (02155) (02155) in Medford, MA is 36 days. Buyers have a reasonable window to evaluate properties before making an offer.

Question 4

What is the median home price in Medford (02155)?

Accepted Answer

The median sale price in Medford (02155) (02155) in Medford, MA is $787,500. The median price per square foot is $486. This is based on 94 recent home sales.