Medford, MA
Commercial Real Estate Market Trends & Data

Medford's Demographic Profile

Medford has 23,188 households and a median income of $112,736, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 57,217
# Households 23,188
Median age 38
Median household income $112,736
Avg household size 2.0
Renter-occupied housing units 11,383
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Medford, MA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Somerville $545 21,809 SF 6.50%
Arlington $431 6,372 SF 6.39%
Nearby Retail Markets Avg Cost/SF Typical Size
Medford $518 13,016 SF
Somerville $578 4,146 SF
Winchester $227 6,164 SF
Malden $478 17,791 SF
Arlington $273 5,337 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Medford $335 40,973 SF 6.70%
Somerville $625 26,079 SF 6.79%
Malden $287 30,186 SF 6.70%
Cambridge $725 9,862 SF 6.59%

Commercial Properties For Sale in Medford

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

43-45 Cross Street

Somerville, MA 02145

  • 7,377 SF Multifamily
  • $2,250,000
For Sale

237 Highland Ave

Somerville, MA 02143

  • 5,095 SF Retail Building
  • 6.19% Cap Rate
  • $2,475,000
For Sale

29 Linden St

Medford, MA 02155

  • 2,600 SF Flex Building
  • $1,495,000
For Sale

26-28 Norwood Street

Everett, MA 02149

  • 2,448 SF Retail Building
  • $865,000
For Sale

141 Highland Ave

Somerville, MA 02143

  • 17,000 SF Office Building
  • $5,000,000
For Sale

Marcus Fonzi Professional Office Condominiums

Medford, MA 02155

  • 40,000 SF Office Building
  • $500,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Medford pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Medford $398 24,433 SF
Somerville $545 18,451 SF
Winchester $326 6,201 SF
Malden $425 19,130 SF
Arlington $619 24,327 SF

Multifamily Properties For Sale in Medford

For Sale

The Warwick

Somerville, MA 02145

  • 39,759 SF Multifamily
  • 5.01% Cap Rate
  • $16,950,000
For Sale

Trophy Mixed-Use Arlington - Somerville

  • Price Upon Request

Regional Demographic Comparison

This comparison places Medford alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Medford or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Medford 57,217 23,188 38 $112,736 2 11,383 -2%
Somerville 73,538 31,440 34 $112,378 2 21,875 -4%
Malden 61,637 24,363 38 $81,841 2 15,258 -3%
Arlington 45,036 19,112 43 $134,753 2 7,708 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Medford, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Medford

View All Commercial Real Estate For Sale in Medford
Is Medford a good market for a first-time commercial real estate investor?

Medford offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Medford?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Medford. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Medford?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Medford. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Medford compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Medford. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Medford acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Medford, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.