Medford, WI Real Estate
According to census data in the year 2000 there were 2,035 housing units in Medford.
This represents a 11% growth from 1,833 in 1990.
Of those housing units, 1,917 were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.
Homeownership rate in Medford is about 63.1%.
Medford's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Medford were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 14.20% |
| Two Bedrooms | 26.90% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 15.40% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $76,700 |
| Median Price asked for vacant units | $61,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $378 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 40.60% |
| Debt Free | 49% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
