Medford, OR Foreclosures
Current Market Conditions in in Medford, OR As of March 2026?
Over the past month, the Medford real estate market has shown signs of continued growth, with a notable increase in new listings compared to the previous month. This uptick offers potential buyers a greater selection of homes but has not yet significantly changed the upward trajectory of home prices. Reports show that the average time on market has slightly decreased, indicating that well-priced homes are still in high demand and are frequently selling quickly. The overall sentiment remains optimistic as economic indicators suggest a stable environment for both buyers and sellers moving forward.
How much do homes sell for in Medford, OR?
The average home price is currently $471,410.
In Medford, OR, how many homes are available?
There are currently 170 active home listings available in Medford.
What’s the average rental cost in Medford, OR?
The average rental price in Medford is $1,249.
What is the most expensive home in Medford?
The most expensive home sold in Medford had a price of $38,321,726.
What is currently the cheapest priced home in Medford, OR?
The cheapest home for sale in Medford is priced at $11,439.
Living in Medford, OR
Medford, Oregon, is a charming city in the southern part of the state, known for its outdoor recreational opportunities, vibrant arts scene, and friendly community. With its year-round mild climate and proximity to the beautiful Rogue River, it offers a quality lifestyle that appeals to families and individuals alike. Medford combines urban amenities with a natural backdrop, making it an ideal place to call home.
Buyer vs Seller Market in Medford, OR
The Medford real estate market has been experiencing a steady increase in home prices over the past year, driven by low inventory and high demand. This trend has made the market competitive, with many homes selling quickly, often above the asking price. Buyers are currently seeking properties that provide both comfortable living spaces and proximity to local amenities and outdoor activities, which further boosts the desirability of the area.
As of now, Medford's market is exhibiting signs of balance, with the introduction of new listings to meet the increasing demand. However, price appreciation remains a significant feature, and investment in Medford real estate is viewed as a stable opportunity due to the city's growth and development plans.
Home Value Estimator For Medford, OR
There are currently 33,445 real estate properties
in Medford, OR,
with a median automated valuation model (AVM) price
of $393,761.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Medford, OR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Medford, OR,
is $471,410.00, with the most expensive house
in Medford, OR, topping out
at $38,321,726.00 and the cheapest home
in Medford, OR,
clocking in at $11,439.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Medford, OR!
Rent Prices
In Medford, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Medford, OR, is on
a rollercoaster ride. The
average rent price in Medford, OR,
is $1,249.00. Indeed, when looking to rent in
Medford, OR, you can expect to pay as little
as $680.00 or as much
as $3,740.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Medford, OR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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