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Preforeclosure Homes in Medford, OR 97502

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Medford, OR Foreclosures

How much do homes sell for in Medford, OR?
The average home price is currently $474,524.
In Medford, OR, how many homes are available?
There are currently 1 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 $39,452,880.
What is currently the cheapest priced home in Medford, OR?
The cheapest home for sale in Medford is priced at $11,630.

Living in Medford, OR

Medford, Oregon is a charming city known for its rich history, vibrant downtown, and access to stunning natural landscapes. With a strong sense of community and various amenities, Medford offers both urban conveniences and outdoor recreational activities, making it an attractive destination for families and professionals alike.

Current Market Conditions in Medford, OR

The real estate market in Medford remains robust, showcasing a steady increase in home values over the last year. With continued demand for housing and limited inventory, properties often sell quickly, creating competition among buyers. The median home price has increased, reflecting the desirability of the area and the influx of people relocating for work and lifestyle.

Rental properties are also in demand, as many individuals moving to the area seek flexibility and local amenities. The rental market has seen rising prices, although Medford's rental rates can still be considered affordable compared to larger metropolitan cities in Oregon.

Home Value Estimator For Medford, OR

There are currently 32,720 real estate properties in Medford, OR, with a median automated valuation model (AVM) price of $397,872.00. 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 $474,524.00, with the most expensive house in Medford, OR, topping out at $39,452,880.00 and the cheapest home in Medford, OR, clocking in at $11,630.00. 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.

Medford, OR 97502 Preforeclosure Homes


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