$512,500
- 1 Bed
- 1 Bath
- 767 Sq Ft
54 Forest St Unit 411, Medford, MA 02155
Donna DeRosa
eXp Realty
(339) 900-8153
Frequently Asked Questions
Is Downtown Medford a good place to live?
Downtown Medford is a good place to live. Downtown Medford is considered very walkable and somewhat bikeable with good transit options. Downtown Medford has 8 parks for recreational activities. It is very dense in population with 16.5 people per acre and a median age of 53. The average household income is $107,827 which is above the national average. College graduates make up 52.1% of residents. A majority of residents in Downtown Medford are renters, with 61.8% of residents renting and 38.2% of residents owning their home. A local real estate agent serving Downtown Medford can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Medford neighborhood guide.
Is Downtown Medford, MA a safe neighborhood?
Downtown Medford, MA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Downtown Medford?
The median home price in Downtown Medford is $290,000. If you put a 20% down payment of $58,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Downtown Medford. The average household income in Downtown Medford is $108K.
What are the best public schools in Downtown Medford?
The best public schools that serve Downtown Medford are:
- Andrews Middle School has a B Niche grade, a student teacher ratio of 10:1 and an average review score of 4.5.
- Medford High School has a B Niche grade, a student teacher ratio of 10:1 and an average review score of 3.7.
- Brooks Elementary School has a B Niche grade and a student teacher ratio of 13:1.
What are the best private schools in Downtown Medford?
The best private schools that serve Downtown Medford are:
- Lesley Ellis School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.6.
- Arlington Catholic High School has an A- Niche grade, a student teacher ratio of 12:1 and an average review score of 3.6.
- Saint Raphael School has a student teacher ratio of 13:1 and an average review score of 4.3.
What are the most popular zip codes in Downtown Medford, Medford, MA?
What are the most popular neighborhoods near Downtown Medford, Medford, MA?
The most popular neighborhoods near Downtown Medford, Medford, MA are Medford Hillside, Lawrence Estates, West Medford, South Medford and Glenwood.
Are home prices dropping in Downtown Medford?
Yes, home prices in Downtown Medford are down 39% in the last 12 months.
