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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos with Water View Under 400k in Downtown Medford Medford, MA

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Star IconWhat to know
  • Downtown Medford has a diverse demographic landscape, with a significant proportion of the population aged between 45 to 49 years, earning up to $108,951.
  • The largest demographic group consists of individuals aged 45 to 49 who have a strong earning potential.

Market Overview

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Frequently Asked Questions About Medford, MA

What is it like to live in Downtown Medford, Medford, MA?

Living in Downtown Medford offers residents a mix of urban convenience and suburban feel, with access to shops, restaurants, and parks. The area is well-connected by public transportation, including the Middlesex Canal Path for biking and walking. Community events and local amenities enhance the lifestyle, attracting families and young professionals alike.

Is Downtown Medford, Medford, MA expensive?

Downtown Medford has a moderate cost of living, with housing prices that vary but generally fall below the Boston metropolitan average. Rent for one-bedroom apartments typically ranges from $2,000 to $2,500 per month, depending on location and amenities. While it is more affordable than many nearby urban areas, it is still considered relatively high compared to the national average.

What is the weather of Downtown Medford, Medford, MA?

Downtown Medford experiences a humid continental climate, characterized by cold winters and warm summers. Average winter temperatures can drop to around 20°F, while summer highs often reach into the 80s°F. Precipitation is fairly consistent throughout the year, with snowfall common in winter months.

How safe is Downtown Medford, Medford, MA?

Downtown Medford is generally considered safe, with crime rates lower than the national average for urban areas. The area benefits from community policing and active neighborhood watch programs. However, as in any urban setting, residents are encouraged to stay informed about local safety concerns.