Medford, OR


Highest Appreciating Medford Neighborhoods Since 2000

Medford, OR Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Medford Housing Market Information

With 79,805 people, 29,751 houses or apartments, and a median cost of homes of $271,982, Medford real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Medford, accounting for 60.96% of the city's housing units. Other types of housing that are prevalent in Medford include large apartment complexes or high rise apartments ( 15.16%), duplexes, homes converted to apartments or other small apartment buildings ( 12.20%), and a few row houses and other attached homes ( 6.93%).

The most prevalent building size and type in Medford are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.23% owning and 50.77% renting.

There is a lot of housing in Medford built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Medford built between 1940-1969 ( 24.84%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.09%). There's also some housing in Medford built before 1939 ( 7.85%).

Medford Home Appreciation Rates

Medford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Medford during the period has been just -1.60%, which is lower than 80% of US communities.

Appreciation rates are so strong in Medford that despite a nationwide downturn in the housing market, Medford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Medford appreciation rates continue to be some of the highest in America, at 8.56%, which is higher than appreciation rates in 89.19% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Medford. Medford appreciation rates in the latest quarter were at 1.61%, which equates to an annual appreciation rate of 6.58%.

Relative to Oregon, our data show that Medford's latest annual appreciation rate is lower than 60% of the other cities and towns in Oregon.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Medford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Medford - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Medford real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,324,000 0.8
$993,001 - $1,324,000 0.7
$662,001 - $993,000 2.5
$530,001 - $662,000 3.0
$398,001 - $530,000 9.4
$265,001 - $398,000 29.5
$132,001 - $265,000 38.2
$67,001 - $132,000 8.6
$0 - $67,000 7.3

Average for OR
Very High for Nation

Value Relative to Nation Value Relative to State
19.5124809562874 47.3429951690821

Number Of Homes And Apartments:

Medford Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
62.88% 2.87% 4 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,022 / per month

Homeownership Rate

Owners 49.23
Renters 50.77
Vacant 7.63

Housing Market Details


Age of Homes

2000 or Newer 18.1
1970 - 1999 49.2
1940 - 1969 24.8
1939 or Older 7.8

Types of Homes

Single-Family 61.0
Townhomes 6.9
Small Apt. Buildings 12.2
Apt. Complexes 15.2
Mobile Homes 4.7
Other 0.1

Home Size

No Bedroom 2.30
1 Bedroom 11.29
2 Bedrooms 30.53
3 Bedrooms 44.80
4 Bedrooms 9.23
5 or more bedrooms 1.86