Medway, MA housing market
The typical Medway home is worth about $721,000, up 1.3% in a year, 9% above the Massachusetts typical home. Homes typically sell in 19 days, a little above asking.
Home values, sales, trends and how Medway compares with the towns next door — updated as new data is published.
Medway at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Medway | Massachusetts |
|---|---|---|
| 2017 | $435,000 | $382,000 |
| 2018 | $458,000 | $407,000 |
| 2019 | $467,000 | $426,000 |
| 2020 | $481,000 | $438,000 |
| 2021 | $529,000 | $485,000 |
| 2022 | $583,000 | $536,000 |
| 2023 | $623,000 | $572,000 |
| 2024 | $670,000 | $616,000 |
| 2025 | $714,000 | $648,000 |
| 2026 | $720,000 | $658,000 |
| August 2026 | $721,000 | $662,000 |
Medway and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Medway | $721K | +1.3% | 19 | $173,750 |
| Franklin Town | $708K | +2.7% | 19 | $145,773 |
| Bellingham | $544K | +1.8% | — | $125,307 |
| Norfolk | $817K | +1.9% | 17 | $200,720 |
| Holliston | $744K | +2.1% | 19 | $159,817 |
| Millis | $703K | +1.7% | 21 | $155,996 |
| Milford | $560K | +2.8% | 22 | $96,365 |
4.1 years of income
The typical Medway home costs about 4.1 years of the town's median household income, less than across Massachusetts (6.4 years).
How Medway ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.