Housing Prices in Medford, MD
How much do homes in Medford, MD cost?
Median List Price
$159,000
$141/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Medford has increased by 20% since last year.
Summary: The median home list price in Medford was $159,000 in April 2024, up 20% from the previous year, and the median price per square foot was $141.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $113.6K | $135K | +18.8% |
| 3 Bedrooms | $214.9K | $159.4K | -25.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Medford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 25.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Medford | $132.4K | $159K | +20.0% |
| Southeast | $319.5K | $325.1K | +1.7% |
Housing Supply in Medford, MD
How many homes are available in Medford, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Summary: The Medford real estate market had 4 homes for sale in April 2024, a 300.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Medford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Medford, MD
How long does it take to sell a home in Medford, MD?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 104 Days | 17 Days | -82.9% |
Summary: Homes in Medford had an average listing age of 17 days in Apr 2024, down by 82.9% compared to the previous year.
