Medford, OR—97501
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Medford, OR
Home Price Trends — Medford, OR
As of Oct '25, the median home price in Medford, OR is $363,000, with a year-over-year change of 0.2%. This indicates that home prices in Medford, OR are flat. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | 0.2% |
| Single Family | $364,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $223,000 | -4.3% |
2 Bed | $284,000 | 0.0% |
3 Bed | $375,000 | 0.0% |
4 Bed | $428,000 | 0.5% |
| 5 Bed | $467,000 | 0.2% |
% of Housing Stock
Rental Trends — Medford, OR
As of July '25, Rentcast reports the average rent in Medford, OR is $1,610, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Medford, OR is studios: $954, 1-bedrooms: $1,140, 2-bedrooms: $1,440, 3-bedrooms: $2,050, 4-bedrooms: $2,480. The most common rental property sizes in Medford, OR are 2-bedroom and 3-bedroom, accounting for 42.8% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,610 |
| Studio Rent | $975 | $954 |
| 1 Bed Rent | $1,100 | $1,140 |
| 2 Bed Rent | $1,400 | $1,440 |
| 3 Bed Rent | $2,000 | $2,050 |
| 4 Bed Rent | $2,300 | $2,480 |
% of Rental Stock
Property Listings — Medford, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Medford, OR is 56. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $408,000 | 2.0% |
Listing Count | 162 | 23.0% |
| Listings as % of Homes | 0.6% | 23.0% |
Days on Market | 56 | -4.0% |
Demographics — Medford, OR
As of the latest ACS Survey released in 2023, Medford, OR has a population of 45,000, which has decreased by -1.3% over the past 5 years. Medford, OR is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,000 | -1.3% |
% Under 18 | 21.6% | -9.6% |
% Seniors | 17.2% | 15.4% |
% WFH | 9.8% | 69.0% |
% w/ College Degree | 19.8% | 11.2% |
As of the latest ACS Survey released in 2023, Medford, OR is a predominantly white area, with 72.5% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Medford, OR is hispanic, making up 18.1% of the population. Foreign-born residents account for 5.8% of the population in Medford, OR, and this percentage has decreased by 37.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.5% | 0.4% |
% Black | 1.3% | 225.0% |
% Hispanic | 18.1% | -15.4% |
% Asian | 0.9% | 12.5% |
% Foreign Born | 5.8% | -37.0% |
Mortgage and Risk — Medford, OR
According to HUD data as of 2023, there were 581 mortgage originations in Medford, OR, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Medford, OR. Investor activity is low, as 8.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 581 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Medford, OR
As of 2024, the percent of homes in Medford, OR under the Section 8 program is 10.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Medford, OR, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 843 |
Total Units Section 8 | 823 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,100 | $1,100 |
| 2 Bedroom | $10 | $1,400 | $1,410 |
| 3 Bedroom | -$20 | $2,000 | $1,980 |
| 4 Bedroom | $30 | $2,300 | $2,330 |
Affordability — Medford, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $363,000 |
| Median Household Income | $62,000 |