The average asking price for a house in Medford is $307 a square foot, according to a new analysis of market-rate listings from real estate research site NeighborhoodX.
The range that produces this average runs from $192 a square foot for the 4-BR, 2.5-BA at 27 Cummings Street asking $524,999 total to $423 a square foot for the 3-BR, 2-BA at 37 Pitcher Avenue asking $665,000 (and pictured above). See the chart below for more about the spread.
Medford’s latest house prices put the city of 57,000 kind of on par with the Boston neighborhood of Roslindale. There the average in July was $272 a square foot, with a range of $172 to $422. Though, as NeighborhoodX’s Constantine Valhouli points out, "Medford is slightly more expensive at the lower and middle end of the range."
- Medford house price range: August 2016 [NeighborhoodX]