Market Overview
Home Prices in Medford, WI
The median home value in Medford, WI is $247,583 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.9% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Medford are priced40% below average.
Over the past five years, Medford home values have risen by approximately26.2%, reflecting strong long-term appreciation in this market.
Price History
Medford Home Price Trend
2020
$169,581
$170K
—
2021
$196,215
$196K
+15.7%
2022
$202,225
$202K
+3.1%
2023
$220,658
$221K
+9.1%
2024
$218,572
$219K
-0.9%
2025
$225,198
$225K
+3.0%
2026
$247,583
$248K
+9.9%
City Comparison
Medford vs. National Median
🏠 Medford
$247,583
National Median
$410,000
At $247,583, homes in Medford cost 40% below the national median of $410,000. This makes Medford a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Medford?
20% Down Payment
$49,517
on $247,583
Monthly P&I
$1,291/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,640/mo
incl. taxes & insurance
Income Needed
$65,600
gross annual (30% rule)
10% Down Option
$24,758
+ PMI applies
Loan Amount (20% dn)
$198,066
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, WI?
The median home value in Medford is $247,583 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.9% year-over-year.
How much have home prices changed in Medford?
Over the past year, home values in Medford have increased by 9.9%. Over five years, prices have risen approximately 26.2%.
How much do I need to earn to buy a home in Medford?
To comfortably afford the median home price of $247,583 with a 20% down payment ($49,517) at today's rates (6.8%), you'd need a gross annual income of approximately $65,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Medford compare to the national average home price?
The national median home value is approximately $410,000. At $247,583, homes in Medford are 40% below the national average.