Auctions in Medford, OR

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.

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.