The story of this market
The typical home in ZIP 02053 sells for about $588,900, or $325 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,575 a month.
ZIP 02053 — Medway
The Medway housing market remains stable with steady price appreciation and high demand for single-family homes. Low inventory levels continue to support competitive bidding, though the pace of growth has moderated compared to previous years. Figures for specific metrics like active inventory and sales count are based on current market snapshots.
This ZIP is ideal for families seeking a suburban lifestyle with high-quality schools and commuters who value a balance between accessibility and a quiet residential environment.
Median prices moved up 4.2% year over year.
Homes spend a median of 28 days on market with 3.5 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 3.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 02053, Norfolk County MA
Medway generally reports low crime rates, consistently ranking as one of the safer communities in Norfolk County compared to regional averages.
The Medway Public Schools district is highly regarded, with schools consistently receiving strong performance ratings and high graduation rates.
The area faces moderate risk from winter storms and localized flooding in low-lying areas near the Charles River, with standard insurance coverage typically sufficient.
Economic momentum is driven by its proximity to the I-495 corridor and Boston-area employment hubs, with steady residential development and local commercial expansion.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Commuters primarily rely on personal vehicles via Route 109 and I-495, with limited access to MBTA commuter rail services in neighboring towns.
The area features extensive outdoor amenities including the Charles River, Choate Park, and various town-maintained trails and conservation lands.
The rental market is characterized by low vacancy rates and steady demand, with limited new multi-family inventory keeping upward pressure on rents.
The local economy is supported by a mix of small businesses, professional services, and residents commuting to major employers in the Greater Boston and I-495 technology corridors.
Transportation is primarily highway-dependent, with Route 109 serving as the main artery connecting to I-495 and I-95.
Development is focused on controlled residential growth and the revitalization of the downtown commercial district.
The Norfolk County assessment regime follows state-mandated cyclical inspections to ensure fair market value updates.
Parcels are subject to Medway Public Schools district taxes and standard municipal utility assessments.
Property insurance premiums are stable, though homeowners in designated flood zones near the Charles River may require additional coverage.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Supercharged Entertainment4.59.7 mi
- Apex Entertainment Marlborough4.415.2 mi
- Central Rock Gym - Watertown4.618.5 mi
- Urban Air Trampoline and Adventure Park4.55.5 mi
- Dave & Buster's Natick4.310.2 mi
- Gillette Stadium4.69.1 mi
- Topgolf Boston - Canton3.913.9 mi
- The Xfinity Center4.215.2 mi
- Roadrunner4.319.7 mi
- Supercharged Entertainment4.59.7 mi
- Southwick's Zoo4.710.6 mi
- AMC Framingham 164.210.3 mi
- Sri Lakshmi Temple4.87.9 mi
- Urban Air Trampoline and Adventure Park4.55.5 mi
- Mendon Twin Drive-In4.57.3 mi
- Arnold Arboretum of Harvard University4.818.5 mi
- deCordova Sculpture Park and Museum4.719.7 mi
- EcoTarium4.519.3 mi
- American Heritage Museum4.917.6 mi
- Blue Hills Trailside Museum4.715.9 mi
- Hopkinton State Park4.68.9 mi
- Cochituate State Park4.510.8 mi
- Garden in the Woods4.712.8 mi
- Elm Bank4.710 mi
- Mass Audubon's Broadmoor Wildlife Sanctuary4.78 mi
- Fore Kicks Sports Complex and Golf Course4.57.7 mi
- Shining Rock Golf Club4.211.3 mi
- Brookmeadow Country Club4.412.6 mi
- KOHR Golf Center4.59.7 mi
- Wellesley Country Club4.612.9 mi
- Wrentham Village Premium Outlets4.58.7 mi
- Natick Mall4.510.2 mi
- Patriot Place4.68.9 mi
- Wards Berry Farm4.611 mi
- Nordstrom4.410.3 mi
- Boston Logan International Airport4.125.4 mi
- Rhode Island T.F. Green International Airport4.429.9 mi
- Worcester Regional Airport4.624.6 mi
- Park Shuttle & Fly4.526.2 mi
- The Lounge3.425.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community park featuring a pond, playground, and walking paths.
Provides recreational opportunities for kayaking and fishing along the town border.
Primary local retail hub serving daily needs.
Key-figure check: median price diverges 27.4% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $750,000 (27.4% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: confirmed genuine market swing — the flagged $750,000 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.