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The Medford, MA 02155 real estate market in April 2025 is characterized by robust demand, appreciating home values, and swift sales, particularly in the single-family home segment.
📊 Key Market Statistics for Single-Family Homes
- Active Listings: 3
- Average Living Area: 2,104.7 sq f
- Average List Price:$953,31
- Average List Price per Sq Ft:$46
- Average Days on Market (DOM):29.0
- Average Days to Offer (DTO):14.2
- Average Sale Price:$970,74
- Average Sale Price per Sq Ft:$47
🔥 Market Dynamics
The Medford housing market is highly competitive. Homes receive multiple offers and sell quickly, often above the asking price. In February 2025, the median sale price was $820,000, marking a 6.6% increase year-over-yea. Homes sold in an average of 21 days, down from 35 days the previous yea. Notably, 50% of homes sold above list price, indicating strong buyer demand citeturn0search0.
💵 Pricing Trend
The average sale price for single-family homes stands at $970,741, with an average of $476 per square foot This reflects a healthy appreciation in home values The average sale price exceeding the average list price suggests that homes are selling for more than their initial asking prices, highlighting the market’s competitiveness.
⏱️ Speed of Transaction
Homes are moving swiftly in the current market The average Days to Offer (DTO) is approximately 14 days, and the average Days on Market (DOM) is around 29 das This rapid pace underscores the urgency for buyers to act quickly and for sellers to be prepared for prompt transactions.
🏡 Inventory and Demad
With only 37 active single-family listings, inventory remains tih. This limited supply, coupled with high demand, continues to drive up prices and fosters a seller’s mare. Buyers should be prepared for competitive bidding situations, while sellers can capitalize on favorable market conditions.
📈 Year-Over-Year Groth
The Medford real estate market has experienced significant grwh. The median listing home price in 02155 was $889,500 in February 2025, reflecting a 15.5% increase year-overyear citeturn0searc3. This upward trend indicates a strong and appreciating market, beneficial for both current homeowners and prospective selers.
📝 Concluion
The Medford, MA 02155 real estate market is thriving, characterized by rising home values, quick sales, and limited invetry. For buyers, this means acting swiftly and decisivly. For sellers, it’s an opportune time to list properties and potentially achieve favorable sale pies. Staying informed and working with knowledgeable real estate professionals will be key to navigating this dynamic market.
