Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$431,210+1.1% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$93,477About 1.3× the local median income ($73,899): a stretch for a typical household
Days on market79 daysSlower than a year ago: buyers have time to negotiate
Next 12 months−0.5%Zillow expects prices to stay about flat
The typical home in Medford, OR is worth $431,210, up 1.1% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $454,364, so the area is 5.1% undervalued. It is a balanced market: homes take about 79 days to sell, listings are up 5% from a year ago, 20% of listings have had a price cut. Zillow expects prices to fall about 0.5% over the next year. A household needs about $93,477 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,899. Typical rent is $1,848 a month, or $2,231 for a house. In the latest IRS figures, 418 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$431,210
Change in 1 year
+1.1%
Overvalued %
−5.1%
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Fair home value
$454,364
Change in 5 years
+5.7%
Zillow forecast, next 12 months
−0.5%
Home value to income
5.8×
Monthly mortgage payment (20% down)
$2,337
Income needed to afford it
$93,477
Property tax rate
0.74%
Rent and investing
Typical rent
$1,848
Typical rent for houses
$2,231
Price-to-rent ratio
19.4×
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HUD Fair Market Rent, 2 bedrooms
$1,539
Gross rental yield
5.14%
Cap rate (estimate)
3.34%
Market activity
Listings vs a year ago
+4.8%
Days on market
79
Listings with a price cut
19.6%
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Homes for sale
1,186
Pending sales per 100 listings
36
Asking price per sq ft
$277
People and jobs
Median household income
$73,899
Population change (1 year)
+0.2%
Unemployment rate
5.4%
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Population
221,795
Income adjusted for cost of living
$72,879
Net moves in (IRS)
+418
Cost of living (US = 100)
101.4
Schools, risk and environment
School rating (1 to 10)
4.9
FEMA hazard risk score (0 to 100)
92.5
Unhealthy air days a year
2
Show 4 more
Flood risk score
93.1
Wildfire risk score
99.0
Walkability (1 to 20)
10.8
Road, rail and air noise
53 dB
Questions people ask
Is Medford, OR overvalued?
Home prices in Medford, OR are slightly below what local incomes have historically supported: fair value is about $454,364, so the area is 5.1% undervalued.
Is Medford, OR a buyer's or seller's market?
Medford, OR is a balanced market: homes take about 79 days to sell, listings are up 5% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Medford, OR?
Home values in Medford, OR are up 1.1% over the last year. Zillow's forecast for the next 12 months is −0.5%.
How much do you need to earn to buy a home in Medford, OR?
A household needs about $93,477 a year to afford the typical home in Medford, OR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,899.