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MEDWAY, MA 02053

Real Estate Market Report  ·  Norfolk County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The MEDWAY, MA real estate market (02053) currently shows 33 active listings, with 13 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 37 days last year.

The median listing price has fallen 7.9% year-over-year, from $759,900 to $699,999.

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Market Context

Market Context

Population: 13,164  ·  Density: 440.6/mi²  ·  Median household income: $165,614

Typical home value: $546,430  ·  Homeownership: 86.8%

Market Overview

Active Listings
33
⇧ 94.1% vs 17 last year
Pending
13
39% pending ratio
Median Price
$699,999
⇩ 7.9% vs $759,900 last year
Average Price
$747,320
⇩ 3.3% vs $772,940 last year
Days on Market
46
⇧ 24.3% vs 37 days last year

Price Per Square Foot

Median $/sqft
$326
⇧ 5.5% vs $309/sqft last year
Median Home Size
2,218 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 17 last year
  • Days on market: 46 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $699,999 (-7.9% YoY)
  • Average: $747,320 (-3.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.1 miles — 215 listings ($199,048,740 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02053Medway, MA 020530.0 mi13$10,540,296$729,450$810,792
02054Millis, MA 020543.6 mi16$16,681,072$1,073,500$1,042,567
02038Franklin, MA 020384.7 mi29$27,552,958$849,450$950,102
02019Bellingham, MA 020195.7 mi24$14,626,248$646,225$609,427
01770Sherborn, MA 017706.2 mi1$1,477,750$1,100,000$1,477,750
01721Ashland, MA 017217.4 mi13$7,860,658$578,725$604,666
01756Mendon, MA 017567.5 mi8$6,767,456$692,950$845,932
02081Walpole, MA 020818.7 mi18$16,673,274$912,109$926,293
01702Framingham, MA 017028.9 mi20$8,586,320$341,500$429,316
02030Dover, MA 020309.4 mi8$19,596,048$2,400,000$2,449,506
01760Natick, MA 017609.9 mi45$52,448,085$1,024,500$1,165,513
02032East Walpole, MA 0203210.9 mi1$1,249,000$1,249,000$1,249,000
01534Northbridge, MA 0153411.1 mi19$14,989,575$809,900$788,925

Frequently Asked Questions

How many homes are for sale in MEDWAY, MA 02053?

As of September 2026, there are 33 active listings in MEDWAY, MA (zip code 02053), compared to 17 the prior year.

What is the median home price in MEDWAY, MA 02053?

The median listing price in MEDWAY, MA 02053 is $699,999 as of September 2026, a 7.9% decrease from $759,900 the prior year.

How long do homes stay on the market in MEDWAY, MA?

Homes in MEDWAY, MA 02053 spend an average of 46 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in MEDWAY, MA 02053?

Based on current inventory and days-on-market data as of September 2026, MEDWAY, MA 02053 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 37 days last year.

How much can I save on real estate commission in MEDWAY, MA?

With SELL123.com's maximum 3% commission, sellers in MEDWAY, MA 02053 save an estimated $14,000 compared to a typical 5% commission on the median listing price of $699,999. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.