US5.com
  1. Home
  2. States
  3. Massachusetts
  4. ZIP 02155
  5. Housing & Real Estate
Medford city, MA

ZIP 02155 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02155

Median Home Value
$715,500
Median Rent
$2,262
Affordability Snapshot
$197,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,596/mo PITI).

23%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

26.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02155 in Medford city, MA, a household would need roughly $197,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,596. That is about 66% above the local median household income ($118,403), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
53.0%-19% vs US avg
x
Vacancy Rate
5.0%-51% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
4.9%-67% vs US avg
x
Built Pre-1939
5.6%-56% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
19.8%-60% vs US avg
x
Mortgage-Free
38.8%+2% vs US avg
x
$715,500
Home Value
$2,262
Rent
1944
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached32.3%
  • 1-unit attached7.2%
  • 2-9 units36.7%
  • 10+ units23.7%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$715,500
Median rent$2,262
Owner-occupied53.0%
Vacant5.0%
Price-to-income6.0x
Est. income to buy$197,000