Yes, if you know what Medley is: a working logistics town, not a classic residential suburb. Only about 1,000 people live here while tens of thousands work here each day, and the housing stock is tiny; Redfin's most recent month put the median sale price near $605,000, down 4.0 percent year over year on a very small sample, while Homes.com's 12-month trailing median ran about $700,000 with roughly 78 to 80 days on market. The few homes that trade are one-off deals.
It suits the specific: industrial and commercial investors who want the distribution corridor (Sysco, U.S. Cold Storage, and the cement plant anchor the town), warehouse operators who want the Palmetto and the Turnpike at the gate, and the rare residential buyer who wants a quiet, tiny, car-oriented town at the center of the region's freight economy.
The honest trade-offs: the residential market is a handful of homes a year, so pricing is individual and inventory is almost nonexistent, there are no schools or main street inside the town, and the daytime economy (trucks, plants, freight) is the reality of the address. For the right investor, that is precisely the point.