🏛️

Medfield

38 min to Boston
"Southwest charmer with top schools and historic downtown"
Median Price
$950,000
$460/sqft
School Rating
9/10
Excellent
Appreciation
3.9%
per year
Commute
38 min
to downtown

Financing Considerations

Properties in Medfield typically may qualify for high-balance conforming loans, though jumbo financing might be needed depending on exact property price.

Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.

✨The Vibe

Charming southwest suburb with top schools, beautiful historic downtown, and strong family-friendly community

What It's Really Like

Medfield has that postcard New England charm—historic downtown, top schools (9.0/10), safe neighborhoods, and strong community spirit. It's Dover-lite at half the price.

Best For

  • âś“School-focused families (9.0/10)
  • âś“Historic downtown lovers
  • âś“Safe family neighborhoods
  • âś“Community-minded buyers

Avoid If

  • âś—You need quick Boston access
  • âś—You want urban amenities
  • âś—You prefer modern over historic

🌟Highlights

🏫Top schools (9.0/10) rival Dover/Sherborn
🏛️Beautiful historic downtown center
🛡️Extremely safe family neighborhoods
đź’°Better value than Dover/Sherborn

Insider Tips

  • đź’ˇDowntown is walkable and charming
  • đź’ˇMedfield State Hospital grounds now conservation
  • đź’ˇStrong youth sports and community programs

Demographics

Population
12,800
Median Age
43
Median Income
$165,000

Economic Profile

Remote Work
33.1%
work from home
Professional Workers
61.8%
knowledge economy
Broadband Access
94.4%
digital infrastructure
Median Commute
34 min
to work
Rental Cost Burden
62.8%
pay >30% on rent
Homeownership
83.3%
owner-occupied
Poverty Rate
3.9%
below poverty line
Unemployment
5.5%
of labor force
Median Home Value
$742K
Census estimate
Data source: Census ACS 2022 5-year

Religious Community

Places of Worship
5
Churches
5
Historical Context: Oldest establishment dates to 1776• 4 established before 1900
Data Source: MassGIS 2025 (Updated 2025-02-03)

Housing Stock Age

Median Year Built
1974
51 years old
Pre-1940 Construction
0%
Lower risk
Post-2000 Construction
25.4%
Modern housing stock
Est. Annual Insurance
$2,200
Based on housing age

Moderate Insurance Risk

Median home built in 1974. Insurance premiums estimated at $2,200/year. Some older homes may require system updates (electrical, plumbing, HVAC).

Insurance Cost Calculator

Estimate your annual homeowners insurance premium

$475,000$950,000$1,900,000

Leave blank to use town median (1974)

Annual Premium
$2,150
$179/month
vs. State Average
+7%
MA avg: $2,008/year
Risk Category
HIGH
Based on home age

30-Year Mortgage Impact

$64,500

Total insurance cost over 30-year mortgage (equivalent to 0.2% of home value)

Age Penalty

This home costs $539 more per year to insure than a newly built home. Over 30 years, that's $16,170 in additional insurance costs.

Ways to Lower Your Premium

  • Bundle home + auto insurance with same carrier (10-25% discount)
  • Increase deductible from $500 to $2,500 (save 15-30%)
  • Install monitored security system (5-20% discount)
  • Update electrical panel and remove knob-and-tube wiring
  • Replace roof with impact-resistant materials (save 5-15%)
  • Upgrade plumbing to PEX or copper
  • Complete full home inspection and address major issues
  • Consider MAPFRE or Chubb for historic home coverage

* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.

Construction Era Distribution

2020+
70 units
2010-2019
9.2%
480 units
2000-2009
15%
780 units
1990-1999
17.3%
900 units
1980-1989
19.2%
1,000 units
1970-1979
20.2%
1,050 units
1960-1969
17.3%
900 units
1950-1959
13.1%
680 units
1940-1949
6.5%
340 units
Pre-1940
0 units
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