Why Live in South Medford
South Medford is a vibrant neighborhood known for its close association with Tufts University, a prestigious private research university established in 1852. The presence of the university contributes significantly to the local economy and community atmosphere, attracting students, professors, and staff to the area. The neighborhood features a mix of housing options, including condominiums, multi-family properties, and single-family homes in styles such as American Foursquare and 1930s colonials. Real estate prices vary, with condominiums averaging around $1.3 million for a 3,000-square-foot unit and single-family homes on Billings Avenue priced at approximately $995,000.
South Medford is served by Medford Public Schools. The Eliot-Pearson Children’s School, part of Tufts University, offers unique educational programs for preschool and early elementary students.
The neighborhood features several parks, including Barry Park with its tennis courts and athletic fields, and Columbus Memorial Park, which offers open green space and a dog-friendly environment. Dining options are diverse, with popular spots like Tamper Café on Boston Avenue and Oasis Brazilian Steakhouse providing a range of delicious meals. For shopping, residents can visit Alexander’s on Main Street for essentials or head to the nearby Whole Foods for larger grocery trips.
South Medford's appeal is further enhanced by its access to Interstate 93 and the Green Line, making it a convenient location for commuting and travel.
Home Trends in South Medford, MA
On average, homes in South Medford, Medford sell after 32 days on the market compared to the national average of 52 days. The median sale price for homes in South Medford, Medford over the last 12 months is $861,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$861,000
Median Single Family Sale Price
$999,500
Median Townhouse Sale Price
$905,000
Median 2 Bedroom Sale Price
$739,000
Median 1 Bedroom Sale Price
$237,748
Average Price Per Sq Ft
$556
Number of Homes for Sale
7
Last 12 months Home Sales
44
Median List Price
$869,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%