Much like its nearby areas, it's substantially more expensive compared to the nation as a whole. Compared to the city of New York however, it's significantly less expensive.
Home prices
Medford's median home value is $324,800. In comparison to its nearby areas it is is very similar.It is about $107,300 (49%) higher in comparison to the rest of the nation, and in comparison to the city of New York is approximately $281,200 (46%) lower.
Rents
In Medford the median rent is $2,057 a month. In comparison to other places in this area this is roughly $177 (9%) higher.It is approximately $995 (93%) higher compared to the nation as a whole, and in comparison to the city of New York is roughly $614 (42%) higher.
Nearby places
Farmingville
Farmingville is Medford's neighbor to the northwest. Its real estate prices are somewhat more expensive. The median home in Farmingville costs $349,400, which is $24,600 (7%) higher than Medford. Rents there are a bit less expensive. The median rent in Farmingville is $1,587 per month, which comes out to $470 (29%) lower than Medford.
Holtsville
Holtsville is Medford's neighbor to the west. Its real estate prices are a bit more expensive. Holtsville's median home price is $362,600, which works out to $37,800 (10%) higher than Medford. The rent there is a little less expensive. The median rent in Holtsville is $1,674 per month, which comes out to $383 (22%) lower than Medford.
Yaphank
Yaphank is Medford's neighbor to the east. Real estate prices there are similar. Yaphank's median home value is $328,600, which is $3,800 (1%) higher than Medford. Rents there are pretty similar. In Yaphank the median monthly rent is $2,150, which comes out to $93 (4%) higher than Medford.
Gordon Heights
Gordon Heights is Medford's neighbor to the north. The housing prices there are a little less expensive. The median home in Gordon Heights costs $303,400, which comes out to $21,400 (7%) lower than Medford. Rents there are a little less expensive. Gordon Heights's median rent is $1,828 per month, which works out to $229 (12%) lower than Medford.
North Bellport
North Bellport is Medford's neighbor to the southeast. Housing prices there are a bit less expensive. The median home cost in North Bellport is $284,800, which works out to $40,000 (14%) lower than Medford. Rents there are fairly similar. The median monthly rent in North Bellport is $2,160, which is $103 (4%) higher than Medford.
