Medway, Medway, MA
Medway — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Medway, Medway, Massachusetts. Explore the cited sources and local facts below while agent underwriting continues.
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Medway Neighborhood Overview
Medway is a suburban town in Norfolk County, Massachusetts, offering a classic New England community feel. With a population of approximately 13,000, it provides a balance of residential comfort and access to regional amenities. The town is characterized by its quiet neighborhoods, local parks, and strong civic pride.
Lifestyle & Amenities
Residents enjoy a community-focused lifestyle with local events and access to several conservation areas and parks. The town center features essential shops, restaurants, and services, fostering a convenient daily life. For more extensive retail and dining options, nearby towns and cities like Milford and Franklin are easily accessible.
Real Estate Market
The Medway real estate market is predominantly owner-occupied, with a high homeownership rate of 87%. The median home value is reported at $546,700, reflecting a stable and desirable suburban market. Rental options are available, with a median monthly rent of approximately $1,531.
Schools & Education
Medway is served by the Medway Public Schools district, which operates elementary, middle, and high schools within the town. The community places a strong emphasis on education, supporting its local school system. Families are attracted to the area for its commitment to academic programs and student activities.
Transportation & Connectivity
Medway is conveniently located near major highways, including Interstate 495 and Route 109, facilitating commutes to Boston, Worcester, and Providence. Public transportation options include access to commuter rail stations in neighboring towns. The town's layout primarily requires automobile use for most daily travel.
Why Choose Medway
Medway appeals to those seeking a traditional suburban community with a high quality of life and a strong sense of local identity. The combination of a robust median household income of $165,614, excellent schools, and a stable housing market makes it a compelling choice for families and professionals. Its location offers a peaceful residential retreat while maintaining connectivity to major economic and cultural centers.
Medway Market Data
| Metric | Value |
|---|---|
| Median Home Price | $547K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $166K |
| Homeownership Rate | 86.9% |
| Renter-Occupied | 13.2% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Elite |
| Primary ZIP Code | 02053 |
Top Real Estate Agents in Medway, Medway
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Medway, Medway, MA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Massachusetts Board of Registration of Real Estate Brokers and Salespersons — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12