
Home Price Key
These days, finding an affordable place to live in the Medfield area can be challenging. Home prices in Medfield are now at a median cost of $733,413, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,517/mo in Medfield, primarily driven by the current value of real estate in the Medfield area. While nearly 30.16% of residents own their homes outright in Medfield, 13.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Medfield is $16,312 per month. Households that rent pay about 9.30% of their income on rent here. Medfield's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Harding, MA: less expensive homes
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- Norfolk, MA: less expensive homes
- Sherborn, MA: higher priced homes
- Norwood, MA: less expensive homes
- Westwood, MA: higher priced homes
- South Walpole, MA: less expensive homes
Cities with Similar Populations
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- Archdale, NC: less expensive homes
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