Home prices
The cost of the median home in Medford Lakes is $297,700. It is approximately $59,080 (24%) higher compared to its surrounding areas.It is about $80,200 (36%) higher compared to the US as a whole, and in comparison to the city of New York is roughly $308,300 (50%) lower.
Rents
The median rent in Medford Lakes is $1,858 per month. It is roughly $327 (21%) higher compared to its nearby areas.It is roughly $796 (74%) higher compared to the US as a whole, and it is roughly $415 (28%) higher compared to the city of New York.
Nearby places
Leisuretowne
Leisuretowne is roughly 5 miles northeast of Medford Lakes. Real estate prices there are substantially less expensive. The median home in Leisuretowne is valued at $163,700, which comes out to $134,000 (81%) lower than Medford Lakes. Its rents are substantially less expensive. In Leisuretowne the median monthly rent is $1,019, which comes out to $839 (82%) lower than Medford Lakes.
Marlton
Marlton is about 6 miles northwest of Medford Lakes. Housing prices there are somewhat less expensive. Marlton's median home value is $249,200, which works out to $48,500 (19%) lower than Medford Lakes. Rents there are a lot less expensive. In Marlton the median monthly rent is $1,298, which is $560 (43%) lower than Medford Lakes.
Gibbsboro
Gibbsboro is about 7 miles west from Medford Lakes. The real estate prices there are a lot less expensive. The median home in Gibbsboro costs $215,400, which is $82,300 (38%) lower than Medford Lakes. Rents there are somewhat more expensive. Gibbsboro's median monthly rent is $2,167, which works out to $309 (14%) higher than Medford Lakes.
Berlin
Berlin is approximately 7 miles southwest from Medford Lakes. Its housing prices are a little less expensive. The cost of the median home in Berlin is $239,200, which comes out to $58,500 (24%) lower than Medford Lakes. Rents there are substantially less expensive. In Berlin the median monthly rent is $1,167, which works out to $691 (59%) lower than Medford Lakes.
Greentree
Greentree is about 7 miles west of Medford Lakes. The real estate prices there are a bit more expensive. Greentree's median home price is $325,600, which is $27,900 (8%) higher than Medford Lakes. Its rents are a bit more expensive. Greentree's median monthly rent is $2,004, which works out to $146 (7%) higher than Medford Lakes.
