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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 $235,876, lower than the Missouri average of $246,641.
The average cost of rent is $768/mo in Medford, primarily driven by the current value of real estate in the Medford area. In Medford, 9.07% of households rent, and 32.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Medford is $6,296 per month. Households that rent pay about 12.20% of their income on rent here. Medford’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Magnolia, MO: equally priced homes
- La Tour, MO: equally priced homes
- Holden, MO: equally priced homes
- Gunn City, MO: equally priced homes
- Blairstown, MO: less expensive homes
- Old Chilhowee, MO: equally priced homes
- Chilhowee, MO: equally priced homes
- Kingsville, MO: higher priced homes
- Creighton, MO: higher priced homes
- Strasburg, MO: higher priced homes
Cities with Similar Populations
- Laurence Harbor, NJ: higher priced homes
- Lowemont, KS: higher priced homes
- Lost Creek, PA: less expensive homes
- Lorraine, NY: less expensive homes
- Longtown, MS: less expensive homes
- Littles Corners, PA: less expensive homes
- Lexington, OR: higher priced homes
- Lesterville, SD: equally priced homes
- Leota, IN: equally priced homes
- Lenox, MO: less expensive homes
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