The story of this market
The typical home in ZIP 02155 sells for about $888,000, or $545 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,513 a month.
ZIP 02155 — Medford
The housing market in 02155 remains highly competitive, characterized by low inventory and strong demand driven by its proximity to Boston. Prices have seen steady year-over-year growth, supported by transit-oriented development and a high concentration of professional residents. The market is currently favoring sellers, with homes selling quickly at or above asking price.
This ZIP is ideal for commuters and young professionals seeking transit access to Boston, as well as families looking for a balance of suburban green space and urban amenities.
Median prices moved up 1.7% year over year.
Homes spend a median of 21 days on market with 2.5 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 101.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 7.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02155, Middlesex County, MA
Medford generally experiences lower crime rates compared to the broader Boston metropolitan area, with property crime being the most frequently reported incident type.
The area is served by Medford Public Schools, which maintains a diverse student body and offers a range of academic programs, though ratings vary by individual school site.
The ZIP code faces moderate risks related to urban flooding in low-lying areas near the Mystic River, with standard insurance requirements for flood-prone zones.
Economic momentum is driven by proximity to Boston and Cambridge, with significant transit-oriented development occurring near the MBTA Green and Orange Line extensions.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents benefit from multiple MBTA rapid transit stations and extensive bus routes, providing efficient access to downtown Boston and the surrounding employment hubs.
The area features significant green space, including the Middlesex Fells Reservation and Wright’s Pond, alongside a variety of local cafes and shopping districts.
The rental market is highly competitive due to proximity to universities and Boston, with steady demand and limited vacancy pressure.
The local economy is anchored by education, healthcare, and professional services, with strong ties to the Boston-Cambridge innovation corridor.
The area is well-served by the MBTA Orange and Green Line extensions, providing high-frequency transit access to the regional employment core.
Development is focused on high-density residential projects near transit hubs to support regional housing demand.
The City of Medford Assessor's office manages property valuations, conducting periodic revaluations to ensure alignment with market trends.
Parcels are subject to municipal taxes and standard utility district fees, with no major MUD/PID structures reported.
Property insurance premiums are influenced by regional hazard profiles, including flood risk in low-lying areas and standard coastal storm exposure.
Data retrieved from US Census Bureau ZCTA profiles and local market aggregators.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Boston Tea Party Ships & Museum4.66 mi
- Kimball Farm Westford4.619.7 mi
- F1 Arcade Boston4.56.3 mi
- Museum of Illusions Boston4.55.5 mi
- Boda Borg Boston4.72 mi
- Fenway Park4.85.6 mi
- TD Garden4.64.9 mi
- Thomas M. Menino Convention & Exhibition Center4.56.5 mi
- Topgolf Boston - Canton3.916.2 mi
- MGM Music Hall at Fenway4.45.6 mi
- Fenway Park4.85.6 mi
- Boston Common4.75.5 mi
- Museum of Fine Arts, Boston4.86.1 mi
- New England Aquarium4.45.6 mi
- Harvard Square4.63.8 mi
- Museum of Fine Arts, Boston4.86.1 mi
- Boston Public Library4.85.6 mi
- Isabella Stewart Gardner Museum4.76.2 mi
- Museum of Science4.74.6 mi
- Boston Tea Party Ships & Museum4.66 mi
- Boston Common4.75.5 mi
- Franklin Park Zoo4.48.5 mi
- Public Garden4.85.5 mi
- Charles River Esplanade4.85.2 mi
- Arnold Arboretum of Harvard University4.88.3 mi
- Community Boating, Inc.4.65 mi
- MIT Sailing Pavilion4.94.9 mi
- Atlantic Wharf4.65.9 mi
- Constitution Marina4.64.7 mi
- Charlestown Marina4.84.7 mi
- Robert T. Lynch Municipal Golf Course3.98.5 mi
- Newton Commonwealth Golf Course46.5 mi
- George Wright4.511.1 mi
- William J. Devine Golf Course at Franklin Park4.28.8 mi
- Five Iron Golf4.95.4 mi
- Encore Boston Harbor4.33 mi
- Burlington Mall4.46.5 mi
- Prudential Center Boston4.55.7 mi
- Quincy Market4.55.4 mi
- Faneuil Hall Marketplace4.55.4 mi
- Boston Logan International Airport4.16.6 mi
- Park Shuttle & Fly4.55.4 mi
- The Lounge3.46.3 mi
- DaCoopas Pizza4.15.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state forest offering hiking, biking, and nature trails.
Popular local swimming and recreation area.
Extensive greenway along the river for walking and cycling.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).