Medford, MA Real Estate
According to census data in the year 2000 there were 22,687 housing units in Medford.
This represents a 0.2% growth from 22,650 in 1990.
Of those housing units, 22,687 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Medford is about 58.7%.
Medford's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Medford were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||5.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.68|
|Median year structure was built||1939|
|Median Value of occupied units||$226,800|
|Median Price asked for vacant units||$194,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.07|
|Median year structure was built||1940|
|Median Monthly Rent asked for vacant units||$945|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||10.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21%|