Medford, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Medford Neighborhoods Since 2000




Medford, WI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Medford Housing Market Information

With a population of 4,338, 2,117 total housing units (homes and apartments), and a median house value of $124,378, house prices in Medford are solidly below the national average.

Single-family detached homes are the single most common housing type in Medford, accounting for 52.78% of the city's housing units. Other types of housing that are prevalent in Medford include large apartment complexes or high rise apartments ( 23.92%), duplexes, homes converted to apartments or other small apartment buildings ( 14.21%), and a few mobile homes or trailers ( 8.06%).

People in Medford primarily live in small (one, two or no bedroom) single-family detached homes. Medford has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Medford built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Medford built between 1940-1969 ( 35.95%). A lesser amount of the housing stock also hails from before 1939 ( 14.74%). There's also some housing in Medford built between 2000 and later ( 9.62%).

Medford Home Appreciation Rates

Real estate appreciation rates in Medford's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.03% during the period.

NeighborhoodScout's data show that during the latest twelve months, Medford's appreciation rate, at 4.34%, has been at or slightly above the national average. In the latest quarter, Medford's appreciation rate has been 0.52%, which annualizes to a rate of 2.09%.

Relative to Wisconsin, our data show that Medford's latest annual appreciation rate is higher than 50% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$124,378

Medford, WI HOME PRICES

Value Range
> $1,078,000 0.1
$809,001 - $1,078,000 0.0
$539,001 - $809,000 0.2
$431,001 - $539,000 0.5
$324,001 - $431,000 3.6
$216,001 - $324,000 13.8
$108,001 - $216,000 49.2
$54,001 - $108,000 25.1
$0 - $54,000 7.5

Very Low for WI
Low for Nation

Value Relative to Nation Value Relative to State
62.9204265791632 87.6796714579055

Number Of Homes And Apartments:
2,117

Medford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
20.21% 1.07% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$640 / per month

Homeownership Rate

Homeownership
Owners 56.14
Renters 43.86
Vacant 5.70

Housing Market Details

 

Age of Homes

AGE OF Medford HOMES
2000 or Newer 9.6
1970 - 1999 39.7
1940 - 1969 35.9
1939 or Older 14.7

Types of Homes

TYPE OF Medford HOMES
Single-Family 52.8
Townhomes 1.0
Small Apt. Buildings 14.2
Apt. Complexes 23.9
Mobile Homes 8.1
Other 0.0

Home Size

SIZE OF Medford HOMES
No Bedroom 3.47
1 Bedroom 9.53
2 Bedrooms 35.86
3 Bedrooms 30.47
4 Bedrooms 15.90
5 or more bedrooms 4.77

Popular Communities Near Medford, WI

Zip Codes in Medford, WI