Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Medway, MA 02053. There are 10 discounted homes for sale in Medway, MA 02053 we think you'll love.
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Medway, Massachusetts, is a charming suburban town that combines small-town characteristics with accessibility to urban amenities. Boasting excellent schools, vibrant outdoor spaces, and a willful community spirit, Medway is ideal for families and professionals. The town's close proximity to highways ensures convenient access to larger metropolitan areas.
There are currently 4,223 real estate properties in Medway, MA, with a median automated valuation model (AVM) price of $697,516.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medway, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Medway, MA, is $726,148.00, with the most expensive house in Medway, MA, topping out at $3,521,509.00 and the cheapest home in Medway, MA, clocking in at $182,918.00. In other words, there’s something for every potential homebuyer or savvy investor in Medway, MA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medway, MA, is on a rollercoaster ride. The average rent price in Medway, MA, is $2,152.00. Indeed, when looking to rent in Medway, MA, you can expect to pay as little as $1,250.00 or as much as $3,100.00, with the average rent median estimated to be $2,160.00. The good news is that finding an affordable and desirable property to rent in Medway, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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