Is Medway, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Medway is a neutral's market


Difference Since January 2022

At the same time last year, Medway was a Seller's Market.

Key Takeaway

Medway is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Medway, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2022


Key Takeaway

Homes in Medway have sold for 6.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $240K-
2 $339K$355K
3 $514K$543.5K
4 $677.5K$770K
5+ $665K$664.9K

Median Sold Price Compared To Nearby Cities

Franklin Town

How many homes are available in Medway, MA?

Number of Homes For Sale

Dec 2022Jan 2023%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
2 31
3 87
4 1513
5+ 55

Number of Homes Sold

Dec 2022Jan 2023%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Medway, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
27 Days43 Days+58.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Medway are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Medway, MA

Medway, MA has 26 homes on the market. Between December 2022 and January 2023, Medway, MA real estate market has seen decrease in the number of listings by 16.1%. Listings spent 43 days on the market in January 2023, and had a median list price of $580,000 during the same period. This housing market listing prices have changed between December 2022 and January 2023: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 4.7%, 3 bedrooms properties prices increased by 5.7%, 4 bedrooms properties became 13.7% more expensive, 5 bedrooms properties prices did not change. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went down by 66.7%, number of 3 bedrooms homes decreased by 12.5%, the quantity of 4 bedrooms homes went down by 13.3%, 5 bedrooms homes did not move. Over 2 listings were sold over their listed price in January 2023 in Medway, MA. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.

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