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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 $217,320, lower than the Wisconsin average of $280,373.
The average cost of rent is $865/mo in Medford, primarily driven by the current value of real estate in the Medford area. In Medford, 26.82% of households rent, and 46.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Medford is $5,707 per month. Households that rent pay about 15.16% of their income on rent here. Medford’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little Black, WI: equally priced homes
- Whittlesey, WI: equally priced homes
- Stetsonville, WI: less expensive homes
- Hannibal, WI: equally priced homes
- Dorchester, WI: less expensive homes
- Chelsea, WI: equally priced homes
- Milan, WI: equally priced homes
- Longwood, WI: less expensive homes
- Curtiss, WI: less expensive homes
- Corinth, WI: equally priced homes
Cities with Similar Populations
- Paso Seco, PR: less expensive homes
- Pittstown, NJ: higher priced homes
- Pittsburg, TX: less expensive homes
- Pitman, NJ: higher priced homes
- Pismo Beach, CA: higher priced homes
- Piney Flats, TN: higher priced homes
- Pine Lake Park, NJ: higher priced homes
- Pine Grove, PA: equally priced homes
- Payette, ID: higher priced homes
- Pleasant Garden, NC: equally priced homes
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