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Our Medway, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Medway as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Medway, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Medway MA Community Profile & History
Medway, Massachusetts is a beautiful residential town. It is predominantly a single-family home community with a handful of apartments and condos. Henry Gamsey was the first settler in town. Beginning in 1700 with the first modest home built by Henry for his wife Sarah, settlers filtered in and by 1713 residents had petitioned for a new town charter, and the town, to be known as Medway, was incorporated.
By 1800, there had been many saw and grist mills and several textile mills established and Medway continued to grow over the years as an industrial center because of its location along the river. The establishment of a railroad through Medway did much to attract new mills to town.
The first post office was established in 1803, at which time there were just eight homes, a grist mill, two sawmills and a store. Because of its proximity to Route 495 and other highways, Medway residents are confident the town will continue to grow residentially, industrially and commercially.
Medway Massachusetts Community Information
Medway Community Demographics and Local Resources
Request a Market Analysis on a Home in Medway
Medway Schools
Medway Area Newspaper
Medway MA Real Estate Information
Condominium Information
Farm Properties
Foreclosures and Short Sales
Land for Sale in Medway
All Homes for Sale in Medway MA
Retirement Homes and Adult Living Communities
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Real Estate Industry News
Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Medway, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Medway Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 132 86 $440320 $192000 $406000 $835000 |
2007 165 125 $439372 $130000 $385000 $1100000 |
2008 149 112 $390430 $120000 $352500 $929900 |
2009 144 122 $373431 $120000 $340000 $1065000 |
2010 142 110 $368974 $89900 $339450 $760000 |
Average Selling Price of Single Family Homes in Medway
| 2006 |  $440320 | |
| 2007 | $439372 | |
| 2008 | $390430 | |
| 2009 | $373431 | |
| 2010 | $368974 |
Medway Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 81 15 $289627 $215000 $254000 $452500 |
2007 167 15 $284867 $205000 $262000 $429900 |
2008 195 15 $269280 $150000 $192500 $435000 |
2009 267 15 $289813 $137000 $300000 $439900 |
2010 91 13 $261273 $140000 $190000 $444900 |
Average Selling Price of Condominiums in Medway
| 2006 | $289627 | |
| 2007 | $284867 | |
| 2008 | $269280 | |
| 2009 | $289813 | |
| 2010 | $261273 |