Housing & Real Estate — Medford, Massachusetts
Overview
| Total Housing Units | 25,879 |
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| Occupied | 24,572 |
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| Vacant | 1,307 |
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| Owner-Occupied | 13,038 |
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| Renter-Occupied | 11,534 |
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| Median Home Value (Census) | $755,500 |
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| Estimated 2026 | ~$858,000 |
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| Median Rent | $2,477/mo |
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| Median Property Tax | $6,286/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 32.9% |
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Housing Age
| Built 2010 or later | 1,777 |
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| Built 2000-2009 | 1,518 |
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| Built 1990-1999 | 740 |
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| Built before 1960 | 16,417 |
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| Median Year Built | 1943 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
