With a population of over 57,000 people, and a little more than 8 square miles, this city is located just 3 miles north of Boston. Medford is situated along the Mystic River and borders Somerville, Arlington, Winchester, and Malden. This city is quickly changing into an urban oasis that is more affordable than its neighbors, and home to great restaurants, ice cream shops, and the famous Modern Pastry. With the proposed Green Line, Tuft’s University, Playstead Park, and access to 2,200 acres at Fells Reservation, Medford is truly a dynamic and accessible place to live.
The Medford schools consist of four elementary schools – Brooks, Roberts, Columbus, and McGlynn, and two middle schools – Andrews and McGlynn. The city offers two high schools – Medford High School and Medford Vocational Technical High School. Private schools include St. Clement’s High School and Tufts affiliated Eliot Pearson School, for preschool through second grade children. At the University level, Tufts University has 10 schools, including 2 undergraduate programs and 8 graduate programs, the most well-known being the Fletcher School of Law & Diplomacy.
Cambridge and Boston are easily accessible from Medford via MBTA buses to the Red Line T stations in Somerville and Cambridge, or to the Orange Line via the Wellington Circle T station. There are MBTA express buses to Boston, and the MBTA commuter train runs from West Medford to North Station. When driving, access to Route 93 and Route 2 are within minutes.
In 2017, there were 276 single families sold, the average sales price was $601,820 and the average selling price to listing price ratio was 104%. There were 216 condominiums sold with an average sales price of $496,274, and a selling price to listing price ratio of 104%. There were 83 multi-family sales and they averaged $778,037, with a listing price to selling price ratio of 105%.