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Foreclosure Homes in Medford, OR 97503

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Medford, OR Foreclosures

How much do homes sell for in Medford, OR?
The average home price is currently $479,575.
In Medford, OR, how many homes are available?
There are currently 27 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 $39,703,720.
What is currently the cheapest priced home in Medford, OR?
The cheapest home for sale in Medford is priced at $11,759.

Living in Medford, OR

Medford, OR is a charming city situated in the Rogue Valley, offering residents a mix of outdoor adventures and urban conveniences. Known for its exceptional schools, beautiful parks, and vibrant community, Medford offers a welcoming environment to families and professionals alike. With its scenic views and access to recreational activities, it’s a great place to call home.

Current Market Conditions in Medford, OR

The real estate market in Medford has remained competitive over the last few months. Demand for housing continues to outpace supply, leading to a rise in home prices. Buyers are actively seeking properties in desirable neighborhoods, particularly in close proximity to schools and parks. The influx of residents relocating from urban areas continues to drive interest in the local market.

Currently, the market trend indicates a strong sellers' market, with homes receiving multiple offers and selling quickly. Inventory levels remain low, which supports ongoing price appreciation. Potential buyers may find it challenging to secure homes in this competitive landscape.

Home Value Estimator For Medford, OR

There are currently 32,715 real estate properties in Medford, OR, with a median automated valuation model (AVM) price of $401,263.00. 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 $479,575.00, with the most expensive house in Medford, OR, topping out at $39,703,720.00 and the cheapest home in Medford, OR, clocking in at $11,759.00. 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 97503 Foreclosures

Market Trend for Medford, OR

Total Listings Available: 27

Market Values:

Home Prices from $11,759 to $39,703,720

Average Sales Price: $479,575

Rental Values:

Rental from $680 to $3,740

Average Rent Value: $1,249 / month

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