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 $343,985, lower than the New York average of $481,023.
The average cost of rent is $1,711/mo in Medford, primarily driven by the current value of real estate in the Medford area. While nearly 42.50% of residents own their homes outright in Medford, 10.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Medford is $7,627 per month. Households that rent pay about 22.43% of their income on rent here. Medford's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Holtsville, NY: higher priced homes
- Farmingville, NY: equally priced homes
- North Bellport, NY: equally priced homes
- North Patchogue, NY: equally priced homes
- East Patchogue, NY: higher priced homes
- Yaphank, NY: equally priced homes
- Coram, NY: equally priced homes
- Selden, NY: equally priced homes
- Patchogue, NY: equally priced homes
- Middle Island, NY: less expensive homes
Cities with Similar Populations
- Dunnellon, FL: less expensive homes
- Vernon Hills, IL: higher priced homes
- Vega Alta, PR: less expensive homes
- Valencia, CA: higher priced homes
- Uniontown, PA: less expensive homes
- Tarpon Springs, FL: less expensive homes
- Ellensburg, WA: equally priced homes
- Elk River, MN: less expensive homes
- El Macero, CA: higher priced homes
- Verona, WI: higher priced homes
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