Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Medford area can be challenging. Home prices in Medford are now at a median cost of $107,700, lower than the Maine average of $243,042.
The average cost of rent is $710/mo in Medford, primarily driven by the current value of real estate in the Medford area. While nearly 66.26% of residents own their homes outright in Medford, 25.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Medford is $3,002 per month. Households that rent pay about 23.65% of their income on rent here. Medford's most expensive areas are in the northwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Lagrange, ME: equally priced homes
- South Lagrange, ME: higher priced homes
- Howland, ME: less expensive homes
- North Bradford, ME: higher priced homes
- Passadumkeag, ME: less expensive homes
- Bradford Center, ME: higher priced homes
- Milo, ME: less expensive homes
- West Enfield, ME: higher priced homes
- Greenbush, ME: less expensive homes
- Bradford, ME: higher priced homes
Cities with Similar Populations
- Border, MN: higher priced homes
- Tanner, MO: equally priced homes
- Tanglewood, IN: higher priced homes
- Symonds, MS: less expensive homes
- Swift River, MA: higher priced homes
- Bushnell, OH: higher priced homes
- Bryce, UT: higher priced homes
- Bruins, AR: higher priced homes
- Boyero, CO: higher priced homes
- Bowser, TX: higher priced homes
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