Medford Housing Update: Prices Ease, Inventory Shifts, Rents Cool
Medford, MA – March 9, 2026 – Home prices dipped year over year as inventory tightened and rents edged lower, signaling a competitive but adjusting market.
The Medford housing market remains competitive, but recent data shows modest price softening and shifting inventory as spring approaches.
Top takeaways
- Median sale price around $790K in January, down year over year.
- Homes averaging about 40 days on market, slower than last year.
- Roughly 70 homes listed, with inventory down month over month.
- Average rent near $3,158, slightly lower than a year ago.
Market snapshot
According to Redfin, the median sale price in January 2026 was $790,000, a 6.2% decline from a year earlier. Homes sold in about 40 days on average, compared with 21 days last year, and 24 homes closed during the month. Realtor.com reports about 70 active listings, with a median listing price near $750,000 and homes typically selling at about 100% of list price. Month-over-month data shows fewer homes for sale and longer marketing times, suggesting buyers have slightly more breathing room than in early 2025.
Statewide, February data shows average single-family prices continuing to rise year over year, even as sales volume has moderated, reflecting steady demand across Massachusetts.
Rental trends
RentCafe’s February update places the average apartment rent at $3,158, down 0.6% from a year ago. Studios average about $2,774, one-bedrooms $2,900, and two-bedrooms $3,335. Other tracking sources show mixed rent signals, but overall trends point to modest cooling rather than sharp declines.
What to watch
With inventory tightening month over month but prices still below last year’s peak, the coming spring market will be key. Buyers are seeing slightly longer timelines to make decisions, while sellers remain near full asking price in many transactions. Are you noticing more listings, price reductions, or bidding activity in your neighborhood?
Sources
https://www.redfin.com/city/10142/MA/Medford/housing-market
https://www.realtor.com/realestateandhomes-search/Medford_MA/overview
https://www.rentcafe.com/average-rent-market-trends/us/ma/medford/
https://blog.crawfordrealtyteam.com/blog/massachusetts-housing-market-update-february-2026