Market Overview
Home Prices in Medford Township, NJ
The median home value in Medford Township, NJ is $641,060 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Medford Township are priced56% above average. Medford Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Medford Township home values have risen by approximately44.3%, reflecting strong long-term appreciation in this market.
Price History
Medford Township Home Price Trend
City Comparison
Medford Township vs. National Median
At $641,060, homes in Medford Township cost 56% above the national median of $410,000. Buyers in Medford Township should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Medford Township?
20% Down Payment
$128,212
on $641,060
Monthly P&I
$3,343/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,246/mo
incl. taxes & insurance
Income Needed
$169,840
gross annual (30% rule)
10% Down Option
$64,106
+ PMI applies
Loan Amount (20% dn)
$512,848
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Medford Township, NJ?
The median home value in Medford Township is $641,060 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Medford Township?
Over the past year, home values in Medford Township have increased by 4%. Over five years, prices have risen approximately 44.3%.
How much do I need to earn to buy a home in Medford Township?
To comfortably afford the median home price of $641,060 with a 20% down payment ($128,212) at today's rates (6.8%), you'd need a gross annual income of approximately $169,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Medford Township compare to the national average home price?
The national median home value is approximately $410,000. At $641,060, homes in Medford Township are 56% above the national average.
What metro area is Medford Township part of?
Medford Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.